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Lloyd’s ups Covid-19 loss share for stressed contingency market

The small market has paid out huge sums after events across the globe ground to a halt during the pandemic.

Samuel Casey, 10 September 2020
CCRIF issues Haiti $7mn payout after storm Laura

The bulk of the payout – $7.2mn – relates to excess rainfall cover.

Jeff Kuntz, 10 September 2020
Guy Carp appoints Marsh’s Klisura to newly created president role

The executive moves over in what is likely to be interpreted as preparation for an orderly CEO succession.

Adam McNestrie, 10 September 2020
Chubb appoints Brazil COO as Japan head

Diego Sosa will take on the role from 1 October subject to regulatory approval.

Anna Sagar, 10 September 2020
Brit names Birch as development director at Ki

Alan Tua will join the syndicate from Direct Line Group to develop its underwriting algorithm.

Samuel Casey, 10 September 2020
Lockton Re hires GC’s Riley to lead aviation and aerospace

The move follows the appointment of Guy Carpenter aviation leader Graham Barden as chair of aviation and aerospace.

Samuel Casey, 10 September 2020
Covid-19 claims of £2.4bn push Lloyd’s to £438mn H1 loss

The Corporation sets its overall expectation of pandemic claims at £3bn net of reinsurance.

Samuel Casey, 10 September 2020
CFO Courtis and CUO Barry both exit Greenlight Re

CEO Simon Burton adds underwriting brief to his current role.

Bernard Goyder, 10 September 2020
Date set for ruling in FCA BI test case

The hotly anticipated judgment will be a milestone in the ongoing dispute about how carriers respond to Covid lockdown-related losses.

Rachel Dalton, 09 September 2020
Aon cites retro outcomes as driving factor behind 1.1

Smaller reinsurers and Lloyd's carriers will be more impacted than global top-tier firms, the broker forecast.

Jeff Kuntz, 09 September 2020

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