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The FCA’s BI claims data: Behind the figures
Hiscox leads with the largest number of accepted claims and interim payments, while MS Amlin lags on payment of data-supported claims.
Rachel Dalton
,
15 June 2021
Global insurance protection gap rose to record $1.4tn in 2020: Swiss Re Institute
The revelation came with the release of the institute's 2021 Resilience Index.
Alex Frampton
,
15 June 2021
Suncorp says reinsurance will limit flood claims to A$50mn
The Australian insurer said it received approximately 3,750 claims relating to recent flooding, as the low deductible on its losses implies it may trigger a dropdown or aggregate cover.
Alex Frampton
,
15 June 2021
CCRIF members in Caribbean, Central America renew cat risk insurance
The news marks the second year in a row members have ceded more than $1bn in risk to the Caribbean Catastrophe Risk Insurance Facility.
Alex Frampton
,
15 June 2021
Gallagher completes buyout of Hesse as European expansion accelerates
An executive reshuffle at Hesse & Partner will follow Gallagher’s acquisition of all remaining shares in the Swiss broker.
Marcel Le Gouais
,
15 June 2021
LGIM drops investment in AIG over thermal coal concerns
AIG is among four companies dropped from the asset manager’s investment portfolio.
Rachel Dalton
,
15 June 2021
Guy Carpenter hires Axa XL’s Gressier to lead UK&I motor
The former underwriter will take up the newly created role on 9 August.
Rachel Dalton
,
15 June 2021
Bisset joins Lockton Re as retro build-out gets underway
The executive will take on the role of chairman of retro, property specialty, Bermuda and market capital.
Fiona Robertson
,
15 June 2021
G7 tax accord: A new headwind for Bermuda’s reinsurance hub
Senior executives on the island saw the coordinated initiative as a clear long-term threat, but one that is mitigated by various other attractions of operating in Bermuda.
Fiona Robertson
,
15 June 2021
DoJ concerns around CRB remain in Aon-Willis merger: report
The US Department of Justice’s antitrust concerns around the Aon-Willis merger have not been fully addressed by the brokers’ recent spate of divestment plans.
Rachel Dalton
,
15 June 2021
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