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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
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
Aon-Willis will increase prices, reduce innovation and lessen service: DoJ
Inside P&C gives a blow-by-blow account of the regulator's antitrust complaint against the mega deal.
Adam McNestrie
,
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
Lloyd’s £650mn central fund reinsurance cover 'supports market growth'
Eight reinsurers and JP Morgan supported the programme, which triggers once aggregate payments from the Central Fund exceed £600mn.
Fiona Robertson
,
17 June 2021
D&O market hardening slows as peak pricing approaches
New entrants have eased the capacity constraints that played a large part in last year’s huge rating changes.
Samuel Casey
,
17 June 2021
Former Innovisk exec Przedpelski takes reins at Vindati
John Przedpelski was executive vice president and global head of distribution and partnerships at Innovisk, an investor in Vindati.
Bernard Goyder
,
17 June 2021
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