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Guy Carp: Aggregate reinsurance capacity drops by a fifth
Retro drawback and concerns over performance in some lines will temper some expansion, say execs.
Rachel Dalton
,
10 September 2020
Fitch: Global reinsurance sector on negative outlook
Covid losses, lower premiums and low interest rates may impact performance in 2020 and 2021, the agency warned.
Jeff Kuntz
,
10 September 2020
Lloyd’s property, casualty and reinsurance segments book H1 underwriting losses
The property segment swings £1bn into the red from a small profit a year earlier.
Anna Sagar
,
10 September 2020
NHC: Strengthening Paulette to bring swells to Bahamas and Bermuda
Still some way off Category 1 intensity, Paulette is expected to reach the Leeward Islands on Thursday night.
Lucy Jones
,
10 September 2020
Lloyd’s UK Covid BI impact would be ‘low hundreds of millions’
CEO John Neal gave the estimate ahead of the FCA test case judgment next week.
Catrin Shi
,
10 September 2020
Lloyd’s Neal: One-third of 2021 business plans ‘unrealistic’
The CEO says £12bn-£13bn of new business is set to be approved for 2021.
Catrin Shi
,
10 September 2020
Global supply-chain shifts to add $63bn in insurance premium: Swiss Re
The “conservative” figure includes $1.2bn of new engineering cover as facilities are built as well as $9bn of commercial insurance for when they are up and running.
Anna Sagar
,
10 September 2020
FedNat adds $39mn reinsurance top-up after Laura hit
The carrier did not give a gross loss estimate, but has added $39.2mn of reinsurance cover for a second event.
Lucy Jones
,
10 September 2020
AIG names StarStone’s Rash as Talbot CEO
Acting CEO David Morris will move to the role of CUO in the latest of several management changes.
Samuel Casey
,
10 September 2020
Klisura's Marsh role to be split as MMC confirms GC president appointment
Piccolomini and South pick up Advisory, while Clarke will head up global placement.
Adam McNestrie
,
10 September 2020
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