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GDV pegs German flooding insured loss at EUR4bn-EUR5bn
The German insurance association called the low-pressure system Bernd ‘one of the most devastating in recent history’.
Rachel Dalton
,
21 July 2021
Hamilton staff turnover continues as underwriter Steinhoff to join Vantage
The property specialist had been with the carrier for more than six years.
Fiona Robertson
,
21 July 2021
Fidelis takes Tysers’ Barron as contingency underwriter
The carrier was one of several entrants into the class of business last year, following heavy loss activity.
Samuel Casey
,
21 July 2021
Former Charles Taylor CEO Marock joins tech company TruEra
The former insurance executive has turned his hand to machine learning solutions.
Rachel Dalton
,
21 July 2021
London PV underwriters fear $1bn loss from South African riots
Two thirds of London losses are expected to be ceded via the Sasria reinsurance placement, while another third could come via a Howden BI wrap binder, sources said.
Luke Harrison
,
21 July 2021
First-half cat losses above median at $36bn: Aon
The Texas Big Freeze plus an active hurricane season could see losses balloon in 2021.
Rachel Dalton
,
21 July 2021
Market veteran Mahoney named chairman of Oneglobal Bermuda
The broker has undertaken a major expansion since rebranding from SSL Endeavour last year.
Samuel Casey
,
21 July 2021
European flooding has impacted 43,400 buildings: ICEYE
There are 7,500 properties impacted by a high depth of water according to the satellite operator and flood monitor for the insurance industry.
Alex Frampton
,
21 July 2021
Medical liability MGA MCI given green light for Lloyd’s SIAB
Syndicate 1902 will write year-one GWP of £45mn and will be managed by Asta.
Catrin Shi
,
21 July 2021
Idiosyncratic risks: H1 earnings preview for the London-listed carriers
Analysts believe 2021 will be a “transition year” for Hiscox, Beazley and Lancashire.
Jim Robinson
,
21 July 2021
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