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S&P warns of ‘capital event’ for eight top reinsurers on $60bn-plus nat cat bill
The ratings agency says reinsurance resilience is “starting to crack”.
Laura Board
,
09 September 2020
With the market scattered and a high degree of uncertainty around 1.1, rhetoric and narrative building may matter more
With the market scattered and a high degree of uncertainty around 1.1, rhetoric and narrative building may matter more.
Adam McNestrie
,
09 September 2020
Arch consortium makes $500mn Watford offer: report
The move by the founding shareholder follows activist investor pressure on the reinsurer.
Samuel Casey
,
09 September 2020
Scor predicts ‘long-lasting’ P&C rate hardening as Covid drives demand
The carrier reports lower-than-expected life claims linked to the pandemic.
Samuel Casey
,
09 September 2020
Willis Re’s Vickers: 1.1 will be ‘logical’ despite Covid-19
The international chairman says poor investment returns will drive push for rate adequacy.
Rachel Dalton
,
09 September 2020
Wildfires rage in the West as California data shows 2020 worst ever year by acreage lost
In Lane County, Oregon, more than 100 buildings have been lost in a forest fire that local officials warned is likely to have killed residents.
Bernard Goyder
,
09 September 2020
Aeolus in early stages of developing balance sheet plans
The Bermudian manager is looking to broaden its platform.
Fiona Robertson
,
08 September 2020
AIG picks Driscoll to succeed Fry as global head of reinsurance and portfolio management
Driscoll was a founding employee of Validus in 2005 and became CEO of its reinsurance division in 2012.
Bernard Goyder
,
08 September 2020
Reith and Stanard squaring off in Ariel sale process
Sources also identified Arch and Hampden as participants in the accelerated auction.
Adam McNestrie
,
08 September 2020
Coles to lead Xenia separation from Nexus
The executive will lead the trade credit broker’s establishment as a separate business.
Samuel Casey
,
08 September 2020
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