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‘Nuclear’ jury verdicts continued despite pandemic in 2020: Chubb

The carrier says jury awards are rising while the size of insurance limits purchased is declining.

Samuel Casey, 15 April 2021
First-quarter InsurTech funding reaches record high of $2.55bn: Willis Re

The volume of deals also reached a record high of 146 over the period, up by 42% compared with the prior quarter.

Anna Sagar, 28 April 2021
London silent-cyber sensitivities revealed in Tokio Marine white paper

A new framework devised by the carrier shows hidden cyber exposures across contingency, property BI, A&H and property covers.

Catrin Shi, 28 April 2021
Same but different: Lloyd’s and the goal of capturing more ILS capital

Syndicates and managing agents who want third-party capital support need to deliver on profit and transparency.

Fiona Robertson, 28 April 2021
Scor Global P&C Q1 profit down 10% with 97.1% CoR after winter storms

The carrier racks up losses from Uri and Filomena as well as deterioration on Laura and Sally.

Rachel Dalton, 28 April 2021
Arch's operating income jumps 28% as insurance unit swings to profitability

Arch’s combined ratio improved by 1.2 points to 89.2% and company weathered winter storms to produce an underwriting profit just shy of $200mn.

Bernard Goyder, 28 April 2021
Clifford Chance names global co-heads of international insurance practice

Gary Boss is based in New York, and Ashley Prebble works at the law firm’s London office.

John Hewitt Jones, 28 April 2021
Hiscox hires Patten for GL as it rebuilds team

The recruitment comes after several exits from Hiscox’s liability team.

Rachel Dalton, 27 April 2021
Guy Carpenter’s marine fac head Thomas departs

He has spent nearly a decade at the broker and is due to start at his new role in October.

Anna Sagar, 27 April 2021
Glaser: Marsh McLennan has hired hundreds from Aon-Willis

The intermediary’s 6% organic growth was aided by the economic recovery, price improvements and disruption in the broking market.

Rachel Dalton, 27 April 2021

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