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All together now: The collective action threat for the (re)insurance sector
Legal developments and the growth of litigation funding create challenges for the industry.
Laura Board
,
22 October 2020
Steamship Mutual ups rates by 5% for 2020-21
The Club cites lower premium and higher claims on International Group pool as reasons for price hike.
Rachel Dalton
,
22 October 2020
HDI agrees to buy Italian carrier Amissima
The Talanx-owned carrier adds EUR300mn of premium through the deal with seller Apollo.
Rachel Dalton
,
22 October 2020
Argo Q3 cat losses more than triple year on year to $71mn
The Bermudian is expecting to pay $17mn in third quarter Covid-19 claims.
Bernard Goyder
,
22 October 2020
Peak Re hires Swiss Re executive as chief economist
Clarence Wong will be based in Hong Kong and report directly to CEO Franz Hahn.
Anna Sagar
,
21 October 2020
WR Berkley looks for £820mn from sale of the Scalpel: report
Axis, Convex, Chaucer, BPL and Decus all have offices in the building.
Anna Sagar
,
21 October 2020
Small upstream accounts facing squeeze as market hardens: Marsh JLT Specialty
Carriers are imposing 7.5%-10% rate rises on accounts with less than $1mn premium, the broker finds.
Anna Sagar
,
21 October 2020
Cresta launches industry loss index for $1bn-plus catastrophes
The service provides a higher level take on ex-US loss data than the Perils index
Kit Heren
,
21 October 2020
Legal battle over record M&A claim stress tests W&I viability
The outcome of the dispute between Lixil and 20 insurers led by AIG is being seen as a major test of the W&I market.
Catrin Shi
,
21 October 2020
(Re)Connect 2020 - Executive Roundtable
It’s always fascinating to bring together global reinsurance executives for a 90 minute debate, but doing it virtually in September, half way through the hurricane season, adds extra spice.
Charlie Thomas
,
21 October 2020
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