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Nexus exploring divestment of trade credit specialist Xenia
The firm is working with Canaccord Genuity to explore options for the business.
Catrin Shi
,
24 March 2021
CEO Neal ups Lloyd’s Covid-19 claims tally to ‘approaching’ £6bn
The Corporation’s CEO emphasises the (re)insurance industry’s role in dealing with pandemic risk.
Laura Board
,
24 March 2021
Axa XL’s McGrath to join Mosaic’s political violence team
The new recruit will be head of international war and terror underwriting and work alongside Quentin Prebble.
Anna Sagar
,
24 March 2021
CNA confirms ‘sophisticated’ cyber attack on systems
The insurer said the attack impacted certain CNA systems, including corporate email.
Catrin Shi
,
24 March 2021
Insurance industry should expect ‘slow but sustained change': Oxbow Partners
The report said that key themes would be embedded insurance and data and analytics.
Anna Sagar
,
24 March 2021
Greensill failure and credit insurance: What we know so far
Uncertainty reigns over the scale of the loss, but the collapse has triggered market conversations on terms and conditions, rates and reform.
Anna Sagar
,
24 March 2021
ICA pegs flood losses at A$254mn and adds Queensland to catastrophe
Heavy rains have caused the worst flooding in 60 years and resulted in mass evacuations.
Samuel Casey
,
24 March 2021
Tokio Marine says net exposure to Greensill remains unchanged
The Japanese carrier seeks to allay fears of higher-than-indicated losses arising from the collapse of the supply chain financier.
Anna Sagar
,
23 March 2021
Industry can no more cover pandemics than war or GDP: Scor’s Kessler
The reinsurance chief sees no role for the ILS market, as pandemics are "badly defined", with no clear end point.
Laura Board
,
23 March 2021
Open-source modelling platform Oasis receives $2mn in funding
The funding will be used to develop and improve risk models.
Anna Sagar
,
23 March 2021
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