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FCA puts post-ruling Covid BI claims payout tally at £472mn
Hiscox entities have accepted 253 claims so far, compared with 3,210 for Covea, the regulator says.
Rachel Dalton
,
22 March 2021
Fidelis promotes Coulson to insurance CEO in management reshuffle
Richard Coulson, Richard Holden and Philip Vandoninck will all take on more senior roles.
Adam McNestrie
,
22 March 2021
QBE says it has no credit exposure to Greensill
The announcement came after Australian Securities and Investments Commission said it had been investigating insurers’ exposure.
Anna Sagar
,
22 March 2021
Aegis expands office space for post-Covid return to work
The move counters the assumption London market carriers will shrink their real estate footprint after a year of home working.
Samuel Casey
,
22 March 2021
Daimler and Swiss Re joint venture Movinx appoints CEO
The FinTech specialist will take on the role from April and joins Andreas Roth and Sebastiaan Bongers on the leadership team.
Anna Sagar
,
22 March 2021
Demand for state reinsurance cover jumps a notch in Florida
After sizeable increases to take-up in 2019 and 2020, many carriers were already at maximum participation for state Cat Fund coverage.
Fiona Robertson
,
22 March 2021
RMS climate change model shows up to 75% increase in Europe flood loss
The firm said the outcomes differ by peril, region, and climate scenario.
Fiona Robertson
,
22 March 2021
Euler Hermes promotes new heads for transactional cover and investment solutions teams
Isabelle Girardet will be global head of Investment Solutions, while Christophe White will lead the global TCU.
Anna Sagar
,
22 March 2021
Suncorp and IAG flood claims in the thousands
The New South Wales inundation is the first major flood event in the state in a decade, prompting reinsurance fears.
Rachel Dalton
,
22 March 2021
PIB to buy financial lines MGA Acquinex
The deal will give the acquirer further access to European business.
Rachel Dalton
,
22 March 2021
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