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Lloyd’s moving towards underwriting profitability: S&P
The ratings agency predicts further syndicate closures as Lloyd’s “loses patience”.
Samuel Casey
,
24 August 2020
Thunderstorms risk stoking northern California wildfires
President Trump releases federal aid for the fires, which include the third-largest blaze in California’s history.
Anna Sagar
,
24 August 2020
Louisiana faces double punch from Marco and possible Cat 1 Laura
The storms will bring strong winds, storm surges and heavy rainfall.
Anna Sagar
,
24 August 2020
Axa and Bharti sell India non-life JV to ICICI Lombard for $614mn in stock
The French seller expects to book a EUR200mn one-time gain from the disposal next year.
Anna Sagar
,
24 August 2020
Does the collective edge of apprehension over storms add to the factors for 2021 rate correction?
Does the collective edge of apprehension over storms add to the factors for 2021 rate correction?
Fiona Robertson
,
24 August 2020
Suncorp CEO expects coronavirus claims impact to hold steady in FY21
Covid-19 losses during FY20 were partly offset by reduced frequency of losses.
John Hewitt Jones
,
22 August 2020
Sompo and Everest to back AI-driven program for ISC
The MGA, which writes on paper from Accident Fund Insurance Company of America, uses AI in its underwriting process.
Bernard Goyder
,
21 August 2020
Depression heading towards South Korea and Japan could reach Cat 3
The weather system dubbed “Nine” is currently off the east coast of Taiwan and appears more likely than not to hit as tropical storm on Saturday.
Anna Sagar
,
21 August 2020
Minshall legacy start-up Marco launches with EUR500mn capital
Former Allianz CFO Dieter Wemmer joins the run-off acquirer as chairman.
Catrin Shi
,
21 August 2020
CNA appoints Willis Re to explore US workers’ comp legacy deal
Reserves in scope have not been finalised, but sources estimated the figure to be in the low hundreds of millions of dollars.
Catrin Shi
,
21 August 2020
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