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Group chief actuary at legacy specialist Catalina departs

The exit follows news earlier this year that founding CEO Chris Fagan was stepping down to be replaced by Bruce Hemphill.

Adam McNestrie, 18 June 2021
Lloyd’s central fund reinsurance: Five key points

The Corporation’s deal signals a moderate view on growth and a refined approach to solvency management.

Rachel Dalton, 18 June 2021
Hotel operator secures partial win in case over $250mn BI cover dispute

The case is the latest US suit regarding whether physical damage is required to trigger BI payouts.

Samuel Casey, 17 June 2021
AJG’s Gallagher calls DoJ action a ‘setback’, remains committed to Willis deal

The CEO said that his company was ‘wide open’ to absorbing additional assets to satisfy regulators’ concerns.

James Thaler, 17 June 2021
Allstate takes $213mn May cat losses as claims ease back from higher April toll

The figure was significantly down on the prior month’s $544mn, and also came in 39% below the year-ago loss tally.

Alex Frampton, 17 June 2021
Aon shares slip slightly after DoJ’s lawsuit to block Willis merger

Shares in AJ Gallagher and Willis Towers Watson held broadly stable after the announcement from the US Department of Justice.

Samuel Casey, 17 June 2021
Telematics firms unite as Cambridge Mobile Telematics buys TrueMotion

The deal combines the two major mobile telematics companies, which will now cover 21 of the 25 top US auto insurers.

Samuel Casey, 17 June 2021
Keese: Central fund reinsurance is an ‘offense and defense’ play

The Lloyd’s CFO said the deal will finance growth at a cost "three times cheaper" than charging members to support the central fund.

Rachel Dalton, 17 June 2021
(Don’t) Blame it on the rain! Insurance stocks outperform into hurricane season

P&C stock movement in May centered on pricing commentary and economic recovery, with little impact from the forecast above-average hurricane season.

Insurance Insider US Research, 04 June 2021
More P&C divestitures would allay DoJ’s concerns on Aon-Willis deal: KBW

The investment bank’s analysts suggested that staff and clients may leave as a result of uncertainty, during a prolonged US lawsuit over the Aon-Willis mega merger.

Samuel Casey, 17 June 2021

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