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‘Pretty gentle’ pricing trajectory expected in commercial lines: Zurich’s Quinn

The executive said it was too early to read the trend of loss cost inflation as US courts began to reopen.

Samuel Casey, 12 August 2021
Argo CUO Tim Carter to depart as streamlining under Rehnberg continues

Matt Harris, the carrier’s head of international, has also left the business, as general counsel Susan Comparato takes up the role of chief administrative officer.

James Thaler, 12 August 2021
Ageas reports EUR400mn loss from Belgian flooding

The carrier said flooding in the country would have an impact of EUR55mn on its net results.

Alex Frampton, 12 August 2021
Legacy firms may face S166 reviews for some Part VII deals

The PRA has proposed that where non-life legacy transfer deals involve a carrier in run-off, the acquirer may have to go through a Section 166 review under certain circumstances.

Marcel Le Gouais, 12 August 2021
Aviva H1 profits down 8% to £1.1bn as £750mn buyback announced

The carrier intends to return £4bn of funds to shareholders by the end of 2022 as its divestment plan nears completion.

Samuel Casey, 12 August 2021
Swiss Re estimates $42bn in H1 global insured cat losses

Overall figure was driven by a deep winter freeze, hailstorms and wildfires and marked the second highest first-half figure behind 2011.

Alex Frampton, 12 August 2021
UK government contingency backstop: A welcome boost, but no panacea

Limited coverage and potential high costs mean events organisers are still plagued by long-term uncertainty.

Samuel Casey, 12 August 2021
Zurich P&C profits up more than 100% in H1 to $1.6bn

The carrier posted a strong turnaround after suffering heavy Covid-19 claims last year.

Samuel Casey, 12 August 2021
Gallagher hires HNW’s Nick Hughes in continued aerospace buildout

Hughes will assume the role of a consultant within the practice, responsible for supporting client-facing teams with legal input to complex insurance coverage, claims and contract issues.

Eli Rallo, 12 August 2021
Tropical Storm Fred expected to begin in Dominican Republic

Tropical Storm Fred could also hit Florida on Friday, but it is too early to predict the exact, time and magnitude of its impact.

Luke Harrison, 11 August 2021

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