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Allianz profit down 19% as AGCS falls to Q2 loss
The carrier said Covid-19 had a EUR800mn negative impact on the P&C division in the first half.
Samuel Casey
,
05 August 2020
Beirut devastated after massive explosion in port
Port facilities, warehouses, ships and commercial property appears to have been critically damaged.
Bernard Goyder
,
05 August 2020
Isaias threatens New York after battering Carolinas
The storm is producing tornadoes on its way up the US east coast.
Samuel Casey
,
04 August 2020
BDO fined £200k on AmTrust Europe audit failures
The UK Financial Reporting Council imposes the financial penalty and orders improvements.
Rachel Dalton
,
04 August 2020
Swiss Re CorSo pulls capacity from UK construction MGA Ensurance
Sources told this publication that the carrier could be mulling an open market entry.
Anna Sagar
,
04 August 2020
Willis and Aon update deal info after five lawsuits launched
Response also rebuffs complaints over Goldman Sachs conflict disclosures.
Rachel Dalton
,
04 August 2020
AIG expects to draw on international reinsurance for Covid claims
The company confirmed it had bought $500mn of additional catastrophe aggregate.
Lucy Jones
,
04 August 2020
ABI appoints Swiss Re UK and Ireland CEO to board
Tavaziva Madzinga has worked at Swiss Re since 2016, and before that he worked at Old Mutual for 16 years.
Anna Sagar
,
04 August 2020
‘Minor contraction’ expected in structured credit and political risk: Gallagher
Aviation, oil and gas and tourism were the biggest sectors of concern for structured credit and political risk insurers.
Anna Sagar
,
04 August 2020
BCG: Progressive and Hannover Re among top P&C value creators
Report claims insurers have underperformed the wider financial services industry in terms of total shareholder return during the pandemic.
Rachel Dalton
,
04 August 2020
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