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Renewable energy market anticipates heavy Texas losses from Big Freeze
The large number of “unwinterised” assets in the north of the state could lead to a slew of claims.
Anna Sagar
,
19 February 2021
European Commission gives UK data ‘adequacy’ stamp
The decision provides for information flows across the new EU border without the need for complex work-arounds.
Samuel Casey
,
19 February 2021
Aon takes BP D&O account from merger partner Willis
Market sources report an uptick in competition to secure accounts as clients sought optimum deals in a challenging market.
Samuel Casey
,
19 February 2021
Probitas’ GAAP combined ratio improves to 86% in 2020
The syndicate is exploring diversification and aiming to get its own managing agent approved.
Adam McNestrie
,
19 February 2021
The Week in 90 Seconds: Hiscox challenges, Texan snow storm, Aon-Willis in Australia
Plus an update on European (re)insurer results and all this week’s top news.
Rachel Dalton
,
19 February 2021
QBE International insurance profit slides 22% on Covid and cats
The carrier reported “significant claims provisions” following the judgement in the FCA BI test case.
Samuel Casey
,
19 February 2021
MGA Ensurance secures Axa capacity after Swiss Re CorSo withdrawal
Axa will be the MGA’s main capacity provider from February for construction and engineering products.
Anna Sagar
,
19 February 2021
Early market expectations on Big Freeze loss centre on $5bn-$10bn
The nature of the event means that more losses may take time to emerge.
Fiona Robertson
,
19 February 2021
Allianz’s Bäte calls notion of insurer lockdown loss cover ‘stupid’
The CEO lays part of the blame for the UK’s Covid-19 BI woes at brokers’ door.
Samuel Casey
,
19 February 2021
Hiscox London Market: The talent challenge
We assess the hurdles facing the marquee specialty insurance franchise, including staff retention and the fallout from the UK BI saga.
Rachel Dalton
,
19 February 2021
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