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TransRe warns retro writers it may cede contingency losses

Some markets on the programme have pushed back on the inclusion of event cancellation exposures.

Adam McNestrie, 20 January 2021
Berenberg more than doubles Swiss Re 2020 loss estimate to $389mn

Fourth-quarter lockdown measures will push Covid-related P&C Re and CorSo losses up $400mn to $2.7bn for 2020, the analysts say.

Rachel Dalton, 20 January 2021
Lloyd’s hires Axa XL global tech innovation head to Future at Lloyd’s role

Hélène Stanway takes the new role of market engagement and adoption lead, with a focus on data.

Anna Sagar, 20 January 2021
Akinova given full approval to serve as Bermuda insurance marketplace

The Bermuda Monetary Authority had granted the InsurTech start-up a “sandbox” licence in 2019.

Kit Heren, 20 January 2021
Inigo adds Beazley’s Ielapi and Hiscox’s Knightley for D&O amid battle for talent

The hires come amid a spate of personnel movement in the D&O market following explosive rate growth.

Samuel Casey, 20 January 2021
A Canopius IPO this year may well not happen but the early talks suggest a liquidity event is drawing closer

Even if we don’t see the firm gracing the LSE this year, its deliberations point to a growing likelihood of a liquidity event.

Catrin Shi, 20 January 2021
Nat cat and weather risk growing threat for renewable energy market: Willis

Contractor negligence and poor vegetation management are also increasing sources of claims.

Anna Sagar, 20 January 2021
Axis builds renewable energy team with Aon and Aviva hires

Aon’s Nicholas Boswell Brown and Aviva’s Claire Whelan join the business in April to support the expansion into Spanish-speaking markets.

Anna Sagar, 20 January 2021
Axis to shun oil and gas underwriting at Arctic National Wildlife Refuge

The step is the latest in a flurry of initiatives companies in the insurance sector are taking to combat climate change.

James Thaler, 19 January 2021
Compre frontrunner for Coverys-Axa syndicate liabilities

It is understood the book will be reinsured to close into Compre’s new legacy syndicate once the launch is approved.

Adam McNestrie, 19 January 2021

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