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The GI industry and the UK Solvency II review: Opportunity or threat?
Carriers expect only marginal gains and remain concerned that the UK overhaul will jeopardise equivalence.
Laura Board
,
02 November 2020
GC names ex-StarStone CEO Smith to lead new marine division
The executive will lead the marine and energy mutual, agency and captive reinsurance solutions practices.
Samuel Casey
,
02 November 2020
Hiscox reserves $75mn for cat claims in Q3 as rates surge
The carrier reported overall rate increases of 18% in the London market in the first nine months of the year, with reinsurance up 12%.
Samuel Casey
,
02 November 2020
Aon adds NBA’s Spruell to board ahead of merger
The appointment of an additional board member satisfies a condition of the Aon-Willis merger agreement.
James Thaler
,
31 October 2020
Bardill, Reardon latest to exit as Validus pulls comp levers on retention
Sources said AIG is offering some staff guaranteed bonuses and stay packages.
Adam McNestrie
,
30 October 2020
Brit falls to $34.5mn Q3 operating loss as Covid-19 claims mount
Pandemic losses inflate the quarterly combined ratio by 10.1 points.
Anna Sagar
,
30 October 2020
Swiss Re highlights 1.1 rate optimism after Covid-19 losses
CFO Dacey also highlights P&C re reserve strengthening after significant aviation loss deterioration.
Rachel Dalton
,
30 October 2020
Mapfre Re Q3 swings to underwriting profit despite heavy cat toll
The division makes progress on its loss ratio and expenses at the end of a nine-month period in which large losses rose 82%.
Laura Board
,
30 October 2020
Aon faces ‘uncertain’ Q4 as discretionary spend squeezed: Case
The CEO says a large proportion of the broker’s discretionary business occurs in the final quarter.
Samuel Casey
,
30 October 2020
Turkish resort city Izmir rocked by Magnitude 7 earthquake
The USGS has forecast a 28% chance of economic losses exceeding $100mn.
Fiona Robertson
,
30 October 2020
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