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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
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
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