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ILS growth steering towards cat bond world as Covid recovery continues

Managers such as Schroders and Fermat capitalised on investors looking for liquid, remote-risk strategies to grow their asset base in H1.

Fiona Robertson, 04 August 2021
Turkish insurance body to expedite claims payments as fires ravage coastline

More than 100 fires have burned through provinces across Turkey, killing eight people as temperatures reach record highs.

Eli Rallo, 03 August 2021
Willis CEO Haley confirms year-end retirement

The CEO also pledged revived investment in growth after the Aon deal collapse.

Rachel Dalton, 03 August 2021
Generali P&C profits down 4% to EUR1.26bn as cat claims bite

Storms in Spain during January and subsequent weather events across Europe in June impacted the P&C division.

Samuel Casey, 03 August 2021
Haley: Review of strategic alternatives for Willis Re underway

The Willis Towers Watson CEO also confirmed the broker will not pay out bonuses contingent on the Aon merger.

Rachel Dalton, 03 August 2021
Lloyd’s to release details of green proposals ‘on or before’ UN climate event

Various workstreams for the Sustainable Markets Initiative Insurance Task Force now have about three months to flesh out their frameworks.

Jim Robinson, 03 August 2021
Outgoing CEO Masojada sees decade of opportunity ahead for Hiscox

The executive said excess profits in the London market and reinsurance could be used to invest in retail opportunities.

Samuel Casey, 03 August 2021
Hiscox shares surge 8% after beating H1 consensus forecasts

Analysts noted that large losses were benign but rates were earning through and should continue to improve.

Samuel Casey, 03 August 2021
Howden appoints EC3’s Connell as head of entertainment

Charlie Connell will join the broker’s sports and entertainment practice group in a newly created role.

Luke Harrison, 03 August 2021
Willis posts Q2 organic growth of 8% driven by CRB and IRR units

The broker reported adjusted diluted EPS of $2.66, up 48% on Q2 2020.

Rachel Dalton, 03 August 2021

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