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Fire breaks out on wreck of Golden Ray
Mounting wreck removal costs have been passed on to P&I insurers, with the latest claim notification rising to $788mn.
Samuel Casey
,
17 May 2021
Environmental protesters target Lloyd’s as underwriting room re-opens
The Corporation has been repeatedly targeted by the likes of Extinction Rebellion over its involvement in fossil fuel insurance.
Samuel Casey
,
17 May 2021
Mumbai Airport closes as cyclone Tauktae nears Indian west coast
The region braces for a potential Category 1 landfall.
Rachel Dalton
,
17 May 2021
Specialist Risk Group hires PwC’s Eastham for M&A role
The executive joins after a string of acquisitions since SRG’s investment from HGGC.
Rachel Dalton
,
17 May 2021
Analysis
The road to net-zero underwriting: Challenges and opportunities
Efforts to curb covers for the most carbon-heavy assets are gaining pace and the infrastructure that allows for Paris alignment on the liabilities side of the balance sheet is improving.
Laura Board
,
17 May 2021
Axa Asian operation struck by ransomware attack
Hacker group Avaddon has given the carrier 240 hours to comply with its demands.
Rachel Dalton
,
17 May 2021
Guy Carpenter confirms hire of Securis’ Tres for strategic risk leadership role
The newcomer will report to Europe CEO Massimo Reina.
Alex Frampton
,
17 May 2021
Peak Re hires Hannover’s Bruns for global retro role
The executive will take up the Hong Kong-based post on 1 September.
Rachel Dalton
,
17 May 2021
Short interest: InsurTechs lead the list, Aon/Willis rise
Although this period’s short-interest shift was muted, the next update will likely show greater movement as Q1 is digested.
Insurance Insider US Research
,
04 May 2021
SBAI sets out ILS side-pocketing guidelines
The recommendations include establishing side pockets as quickly as possible after an event, prominently disclosing side-pocket performance and being transparent on processes and fees.
Fiona Robertson
,
04 May 2021
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