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Jefferies cuts Hiscox to ‘hold’ despite ‘neutral to positive’ Supreme Court ruling
The bank trims earnings estimates and says consensus expectations are too high.
Samuel Casey
,
21 January 2021
BGCI’s relaunch as Corant is a logical next step in cementing its identity
As well as a rebrand, the move will see BGC’s insurance assets brought together under one holding company.
Rachel Dalton
,
21 January 2021
Perils ups Australia hailstorm loss by 4% to $1.5bn
Storms tore through four states in January last year with hailstones up to 6cm in size.
Samuel Casey
,
21 January 2021
Fierce winds rekindle California wildfires
Evacuation orders were issued for 120 homes near San Mateo and Santa Cruz counties.
John Hewitt Jones
,
21 January 2021
Marine liability rates rise by up to 15% during Q4: Miller
Carriers sought rate hikes of between 12.5% and 15% in the final quarter of the year.
John Hewitt Jones
,
21 January 2021
Smith’s $72bn fund Vista Equity Partners eyes opportunities in Chinese InsurTech
Swiss Re pegs China as one of the fastest growing insurance markets in the world.
Bernard Goyder
,
21 January 2021
Towers Watson investors ask judge to approve $90mn class action settlements
Bloomberg Law reports that a settlement would bring litigation in Virginia and Delaware to a close.
Bernard Goyder
,
21 January 2021
AM Best names Sheffield and Wilson to non-exec roles at operating units
The move marks a return to AM Best for Sheffield, who was a manager at the ratings agency in the late 1990s
Bernard Goyder
,
20 January 2021
PIB in advanced talks with Apax over sale
The pair are believed to be in latter-stage negotiations with plans for a broader sales process potentially shelved.
Adam McNestrie
,
20 January 2021
Covéa signs UN-backed ESG investment principles
The Principles for Responsible Investment were launched in 2006, with Hannover Re, Liberty and Everest Re among other signatories.
Anna Sagar
,
20 January 2021
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