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Axa XL exceeds H2 cat budget by EUR300mn after storms
Parent Axa leaves its EUR1.5bn estimate for Covid-19 losses unchanged at the nine-month mark.
Catrin Shi
,
03 November 2020
Argo to sell European operations as restructure continues
The disposal plans are the latest of a string of restructuring measures under the leadership of CEO Kevin Rehnberg.
Adam McNestrie
,
03 November 2020
CoreLogic launches strategic review after unwanted bid
The risk modeller has been fending off Senator Investment and Cannae Holdings since their initial $5.2bn takeover proposal in June.
Anna Sagar
,
03 November 2020
FHCF boosts Irma loss estimate to $6.5bn
The fund’s loss estimates for the 2017 hurricane have climbed nearly $3bn in 18 months.
Kit Heren
,
03 November 2020
Lloyd’s to open underwriting room on Wednesdays only during lockdown
The Corporation has told UK-based employees to work from home with exception of a few essential roles.
Anna Sagar
,
03 November 2020
Majors: ‘Aligned ILS’ providers need to identify their client
The Nephila CEO said ILS capital backing sidecars that are a "trade not a relationship" will charge a higher cost of capital.
Fiona Robertson
,
03 November 2020
FCA test case heads to Supreme Court on 16 November
Wording construction, the use of counterfactuals and the notorious Orient Express ruling will all be under the spotlight.
Samuel Casey
,
03 November 2020
Scor Specialty to enter D&O in 2021 with US focus
The new capacity will be welcomed by brokers and clients as conditions continue to harden.
Samuel Casey
,
03 November 2020
Why was the Danny Wright syndicate 1991 business plan approved in the first place?
It is not clear why the 12th floor thought this syndicate was accretive to the broader market.
Adam McNestrie
,
03 November 2020
Insider 50 hits lowest level since end of May
P&C insurance stocks fell for the second month in a row following a wider market slump amid the intensifying virus surge.
Khilan Shah
,
03 November 2020
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