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Lloyd’s says BI claims must disregard emergency government grants
The Treasury had raised concerns that insurers were paring the value of state support from claims payouts.
Samuel Casey
,
06 October 2020
Enstar ups pressure on Watford with second letter
The would-be buyer presses for a non-disclosure agreement with the hedge fund reinsurer to allow due diligence to start.
Adam McNestrie
,
06 October 2020
Everest Re prices $1bn 30-year bond issue
The carrier will use the proceeds of the offering for general corporate purposes.
Samuel Casey
,
06 October 2020
‘One shot’ correction will not be enough in reinsurance: Axis’ Arora
The executive said the market has had “a really poor stretch” of earnings.
James Thaler
,
06 October 2020
Hurricane Delta could hit Yucatan Peninsula as major hurricane
The storm is forecast to reach Mexico on Wednesday and hurricane warnings are in effect.
Jeff Kuntz
,
06 October 2020
Swiss Re CorSo and Hitachi partner for ‘digital risk’ cover
The alliance will initially focus on the machine tools and transportation industries.
Anna Sagar
,
06 October 2020
IAG forges near-$100mn class action settlement over add-on insurance
The settlement will have a net impact of less than $36mn on the carrier in the six months to year end.
Anna Sagar
,
06 October 2020
‘Rating alone is not going to be our saviour’: Axa XL’s McGovern
The CEO said future uncertainty and the “enormity” of corporate debt posed a significant challenge for the insurance sector.
Samuel Casey
,
06 October 2020
The Covid casualty picture is unclear but the fear of steep losses looks set to shape upcoming renewals
Since Covid-19 began to spread in areas with high insurance penetration, the situation has been in constant evolution.
Rachel Dalton
,
06 October 2020
Legacy specialist Premia strikes deal to acquire Navigators’ European business
Premia will use the entity as a platform for legacy deals in the continental European insurance market.
John Hewitt Jones
,
06 October 2020
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