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Hiscox agrees to arbitration with action group
Policyholders advised by Mishcon club together for an expedited dispute resolution process on Covid-19 claims.
Rachel Dalton
,
13 August 2020
Ariel Re alumnus Fisher to launch excess property vehicle with Beat Capital
Alcor Group will operate out of Bermuda and London, with initial capacity of $10mn per programme.
Catrin Shi
,
13 August 2020
QBE says cat aggregate covers it against BI downside risk
Accounting for expected H2 cat losses, the $500mn cover is only $20mn away from triggering.
Fiona Robertson
,
13 August 2020
ICA launches BI test case in NSW Supreme Court
The case is being heard on an expedited basis, with policies from Hollard and HDI Global Specialty used as exemplars.
Samuel Casey
,
13 August 2020
Mauritius oil spill threatens potential multi-hundred-million IG loss
The market fears environmental clean-up and wreck removal will result in a fresh hit to the IG programme.
Samuel Casey
,
13 August 2020
Zurich H1 P&C profits slump 55% on Covid-19 impact
The carrier said that it was “well positioned” to grow in the commercial market.
Samuel Casey
,
13 August 2020
Perils increases Australia East Coast Low insured loss estimate by 20%
The updated total of A$958mn ($675mn) includes additional property and motor damages.
Jeff Kuntz
,
13 August 2020
London is yet to test the value of that intangible social capital which makes the market tick
London is yet to test the value of that intangible social capital which makes the market tick.
Catrin Shi
,
13 August 2020
Lemonade IPO shows ‘robust’ investor interest in InsurTech: Forrester
Other InsurTechs are likely mulling IPO options and are garnering more investor interest, according to a report.
Anna Sagar
,
13 August 2020
QBE International reports $5mn H1 loss as Covid-19 bites
The division reported a positive underlying result excluding the pandemic, with rates up 14.8% in London.
Samuel Casey
,
13 August 2020
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