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New Orleans area faces Cat 1 hit from Hurricane Sally
The NHC has put a hurricane warning in place for Lake Maurepas including the city suburbs.
Anna Sagar
,
14 September 2020
Hannover Re predicts ‘significant’ P&C price increases at 1.1
The reinsurer says US property catastrophe rates are now “satisfactory”, with more upward pressure to come.
Anna Sagar
,
14 September 2020
Sidelined (re)insurance talent a target for start-ups
After a period of churn in the market, further turnover is expected as start-ups get underway.
Fiona Robertson
,
14 September 2020
The FCA's BI decision, including the important precedents it sets, will be appealed
Tomorrow’s decision, including the important precedents it sets, will be appealed.
Adam McNestrie
,
14 September 2020
Aviva sells majority holding in Singapore unit for $2bn
The disposal is the first major action under new CEO Amanda Blanc.
Samuel Casey
,
11 September 2020
New reinsurance capital to have ‘limited’ effect: Scor’s Conoscente
The executive says a time lag for start-ups to achieve profitability would favour incumbents.
Samuel Casey
,
11 September 2020
More than half of $6.5bn derecho damage insured: Aon
Wind and hail-related property damage is expected to be covered, but a “sizable portion” of crop losses may not be.
Anna Sagar
,
11 September 2020
AIG’s Bolt takes extended medical leave of absence
The GI CUO was at the heart of a remediation drive at AIG that involved major cuts to limits and a de-risking of the portfolio.
Adam McNestrie
,
11 September 2020
Munich Re mulls excluding pandemic risk from P&C cover: report
The reinsurer, like other carriers, is currently excluding the peril from events cancellation cover.
Anna Sagar
,
11 September 2020
Sills to launch new underwriting venture with American Family
The professional lines-focused underwriter has backing from Gallatin Point and BlackRock.
Adam McNestrie
,
11 September 2020
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