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Berkshire Q3 reinsurance earnings drop 69% as nat cat losses surge
The company’s reinsurance result took a hit from $113mn of Covid-19 claims and $308mn in losses from hurricanes Laura and Sally.
John Hewitt Jones
,
07 November 2020
AIG life and retirement sale to begin with 19.9% divestment
AIG executives revealed that proceeds from the sale would be used to reduce the carrier’s debt leverage.
Bernard Goyder
,
06 November 2020
AIG says aggregate cover limits further cat exposure
The carrier says its programme performed "as expected" but it anticipates needing less cover in the future as it seeks top line growth.
Fiona Robertson
,
06 November 2020
Eta could pass by Florida Keys as tropical storm
Forecasters warned that the storm’s course remains relatively uncertain at this stage.
Kit Heren
,
06 November 2020
Enstar Q3 profits surge by 422% to $615mn on investments
Both StarStone and Atrium make underwriting profits after losses a year earlier.
Samuel Casey
,
06 November 2020
The Week in 90 Seconds: Mosaic grabs capital; the Danny Wright mystery; Blueprint Two explained
Also more on the Ariel deal, RSA faces break-up and highlights from our London Market Live conference.
Rachel Dalton
,
06 November 2020
Willis loses Western Europe chief Gallego and Spain president
Jaime Castellanos and Anton Serrats have also resigned from the broker.
Adam McNestrie
,
06 November 2020
Scor shares up 7% after Q3 earnings beat
A stable Covid-19 claims assessment within P&C and a better-than-forecast trajectory in life buoy the stock.
Laura Board
,
06 November 2020
Market must drop ransomware limits to reduce claims: Horton
The Beazley CEO also revealed plans to buy more reinsurance for FI and D&O.
Rachel Dalton
,
06 November 2020
Analysts positive on RSA price but flag competition concerns
Thoughts vary on the prospects for a rival bid, but share price sits 4% below the offer price.
Anna Sagar
,
06 November 2020
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