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Axis estimates $125mn in additional Q4 Covid-19 claims
Cat losses will cost up to $80mn, down from last year’s $140mn, as the carrier indicated underlying results continued to improve in Q4.
James Thaler
,
19 January 2021
Renewable energy rates to harden 10%-20%: Willis
The broker says the London and European renewables markets achieved profitability in 2020.
Anna Sagar
,
19 January 2021
Faraday’s Hill joins Inigo to lead property account
The underwriter will work alongside George Stratts to build a book of business.
Samuel Casey
,
19 January 2021
Axa extends hybrid home/office work strategy worldwide
All major entities will implement the scheme by the end of 2021.
Rachel Dalton
,
19 January 2021
‘Unremitted gloom’ in energy liability and casualty market: Willis
Opportunistic insurers are charging rate rises of up to 400% on excess layers amid a shortage of capacity.
Samuel Casey
,
19 January 2021
BI, pandemic and cyber top three risks for 2021: Allianz Risk Barometer
Pandemic outbreak jumps 15 places to become the joint-second perceived risk.
Anna Sagar
,
19 January 2021
Ed owner BGCI rebrands as Corant Global
CEO Steve Hearn said that having a “distinctive identity” would help with deal-making opportunities.
Samuel Casey
,
19 January 2021
RSA shareholders clear £7.2bn takeover by Intact and Tryg
Conditions ahead of the deal’s closing include the completion of a Tryg rights issue, regulatory clearances and High Court approval.
Anna Sagar
,
19 January 2021
Structured credit market capacity returning after better-than-expected 2020
Deployed capacity is recovering and claims were below expectations but ending government support could negatively hit the market.
Anna Sagar
,
19 January 2021
Canopius in early stages of exploring London IPO
The Michael Watson-led business has yet to appoint banks and may not pull the trigger on the move.
Adam McNestrie
,
18 January 2021
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