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Pandemic uncertainty is creating a stand-off in the 1.1 renewal discussions
The polarisation of views on Covid losses is so wide, and the sums at stake so large, that it is inevitable some reinsurance claims will end up in arbitration processes.
Rachel Dalton
,
23 November 2020
Inigo completes $800mn capital raise and seals StarStone Underwriting deal
The start-up names NatWest chair Howard Davies as chairman.
Anna Sagar
,
23 November 2020
Judge rejects Willis Re Miami broker’s bid to have non-compete nullified
According to court filings, the plaintiff earlier this month resigned from Willis to join Guy Carp in the Florida city.
John Hewitt Jones
,
21 November 2020
Aon board approves repurchase of up to $5bn additional Class A shares
The move signals the likely restart of share buybacks, which were suspended earlier this year in response to Covid-19.
John Hewitt Jones
,
20 November 2020
Zurich in talks to acquire MetLife’s P&C business
The operation would be drawn into Farmers Group, which acts as the attorney-at-fact for the mutual insurance giant Farmers.
Bernard Goyder
,
20 November 2020
Argo/Ariel Bermuda office closed after Covid-19 case
The territory has been relatively untouched by outbreaks of the virus so far.
Fiona Robertson
,
20 November 2020
High Court to rule on Lloyd’s Part VII transfer next week
The ruling will follow a final, uncontested court hearing on Wednesday.
Anna Sagar
,
20 November 2020
Ex-Markel hull underwriter Page resurfaces at Arch
The move comes as conditions continue to improve for hull underwriters following years of losses.
Samuel Casey
,
20 November 2020
Qatar wealth fund, CDPQ and Oak Hill to back Watson’s Inigo
The trio emerge as participants alongside JC Flowers in a fundraise worth around $800mn.
Adam McNestrie
,
20 November 2020
The Week in 90 Seconds: Apollo secures capital; Covid BI cases; Stamp capacity winners and losers
Plus Aon's new cat XoL facility under the spotlight.
Rachel Dalton
,
20 November 2020
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