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Axis shuts Latin America and Caribbean operation in Miami
Axis Miami wrote direct and facultative property, political violence, energy, aviation and cyber risks, typically on a following market basis.
Bernard Goyder
,
14 June 2021
RSA confirms £50mn cost of BI test-case claims
The newly acquired carrier has confirmed a payout of £80mn for UK Covid-19 claims so far.
Marcel Le Gouais
,
14 June 2021
Syndicate Research downgrades Axa XL 2003, Cincinnati Global 318 outlook
The research body said that both businesses had reported poor underwriting results.
Samuel Casey
,
14 June 2021
Aegis launches active-assailant parametric product for Dallas shootings
InsurTech Skyline Partners’ parametric platform will inform insureds of a relevant incident within 48 hours.
Samuel Casey
,
14 June 2021
G7 nations pledge funds to mitigate climate risk in vulnerable communities
Funding from the UK and Germany will support early action and the managing of disaster risks in less wealthy countries.
Alex Frampton
,
14 June 2021
Acrisure Re enters cyber reinsurance with Kovrr partnership
The broker’s cyber practice leader Tom Quy will lead the initiative.
Rachel Dalton
,
14 June 2021
Dual adds forestry offering led by White Oak’s Steward
The MGA will now offer cover to timber producers and others in Southern Hemisphere regions.
Rachel Dalton
,
14 June 2021
McGill and Partners to launch in terrorism with Willis’s Greenwood
Staff displacement at Aon and Willis is increasing as the brokers move towards completion of their mega merger.
Catrin Shi
,
14 June 2021
DeSantis signs Florida property insurance reform into law
The new law limits insurer liabilities for attorney fee suits against insurers and reduces time limits for claims.
Eileen AJ Connelly
,
14 June 2021
Ryan Specialty Group presses ahead with July IPO
The wholesaler could have an enterprise value of upwards of $7bn when it goes public.
Adam McNestrie
,
14 June 2021
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