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Swiss Re joins forces with Milliman to launch flood product
The product uses Swiss Re's flood model for rating purposes and links it with policy forms developed by Flood Services Corporation.
Bernard Goyder
,
13 July 2021
Spectator-free Olympics to cost reinsurers up to $400mn: Fitch
The fact the Games are going ahead means a worst-case $2.5bn loss has been averted, the ratings agency said.
Samuel Casey
,
12 July 2021
Aon Reinsurance Solutions chair pays tribute to ‘generous, honourable’ former colleague Paul Constantinidi
Dominic Christian has paid tribute to Paul Constantinidi – COO of marine, specialty and composite, within the global respecialty team – after his colleague passed away last week.
Marcel Le Gouais
,
12 July 2021
Ardonagh launches data and risk management unit in Ireland
The division will employ 60 data scientist and analysis employees to serve the group’s global customer base.
Rachel Dalton
,
12 July 2021
Specialty MGA Rokstone receives licence to underwrite in Africa
International speciality (re)insurance MGA Rokstone has secured an insurance agent licence from the Financial Services Commission in Mauritius and is now fully authorised to underwrite business directly in Africa.
Luke Harrison
,
12 July 2021
Two-thirds of insurers expect PI market hardening in 2022: Clyde & Co
The law firm's London market survey finds that 99% of insurers expect PI rates to increase this year.
Luke Harrison
,
12 July 2021
Beazley appoints banking executive from HSBC to fill COO position
Beazley has undergone a shake-up in its management following the departure of Andrew Horton.
Samuel Casey
,
12 July 2021
KCC puts Elsa US insured loss under $300mn
The storm was the earliest named E storm, forming nearly six weeks earlier than average.
Fiona Robertson
,
12 July 2021
‘Rapid’ slowdown in downstream pricing and easing off in upstream: Marsh
The broker said there were signs the downstream market was “topping out” after several years of major hardening.
Samuel Casey
,
12 July 2021
Darag agrees transfer of motor book from Sada
The deal is the first publicly disclosed transfer to a run-off partner in the French market.
Rachel Dalton
,
12 July 2021
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