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Sriwijaya Air crash not a significant market loss at $10mn
The Gallagher-brokered and Liberty-led account is likely to generate a $3mn hull claim and between $6mn-$9mn in liability losses.
Anna Sagar
,
11 January 2021
Global Parametrics to start writing commercial risk
The emerging markets specialist aims to raise around $860mn of additional funds by 2025.
Kit Heren
,
11 January 2021
CNA Hardy takes The Hartford’s Phipps for UK and European claims
The claims manager has also held senior roles at Navigators and Chubb.
Samuel Casey
,
11 January 2021
Axa XL’s Newick departs for CCi role
The carrier’s former energy, property and construction claims lead exits for consultancy position.
Rachel Dalton
,
11 January 2021
New Dawn Risk launches UK division
About 95% of the broker’s business currently emanates from outside the UK.
Rachel Dalton
,
11 January 2021
AGCS aviation major risks chief Klinger moves to Munich Re
The reinsurer’s new recruit leaves the Allianz group after 33 years.
Anna Sagar
,
11 January 2021
QBE increases cat tower to $3.4bn and raises allowance
The carrier lifts its net catastrophe allowance by about 25% to $685mn as it reports more favourable renewal terms than it had expected.
Anna Sagar
,
11 January 2021
Ten themes for 2021 in (re)insurance
This publication looks at 10 issues that will shape the industry in the year ahead, from rate sustainability to start-up progress to the post-Covid recovery.
Adam McNestrie
,
11 January 2021
Space market expected to break even in 2020: Plane Talking
The AJ Gallagher report says multiple potential claims could take current loss levels well above the $330mn already known about.
Anna Sagar
,
11 January 2021
McGill and Partners secures authorisation for Dublin office
The start-up joins Azur, Paragon and Nuclear Risk among the brokers that gained the pre-Christmas go-ahead from the Irish central bank.
Laura Board
,
08 January 2021
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