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Lancashire's Maloney: 2020 is not ‘best market ever seen’
The CEO said people were getting “ahead of themselves” to say it was the best market conditions in recent memory.
Anna Sagar
,
29 July 2020
Markel and QBE opt into approved £10bn UK trade credit backstop
Euler Hermes, Coface and Atradius are also participating in the scheme, which has had formal approval from the European Commission.
Anna Sagar
,
29 July 2020
Ex-Arch Re exec Livingston exploring Bermuda start-up
Project is in its early stages, with a round of meetings held to stress test it with PE firms.
Adam McNestrie
,
29 July 2020
Edison slims California fire cover to $870mn amid ‘tight’ market
The utility spent 13% more to secure its insurance but cut back third-party cover to $870mn.
Jeff Kuntz
,
29 July 2020
Miller launches trio of facilities
Broker facilities offer cover for PPE shipping, media liability and contractors’ plant and equipment.
Rachel Dalton
,
29 July 2020
Whitespace targeting £3mn capital raise for growth
The funding will be used to meet international demand which the platform said had been “well ahead of expectations”.
Anna Sagar
,
29 July 2020
Lancashire shares drop 5% following ‘disappointing’ H1 results
Analysts had expected the carrier to make a first-half profit, but reserve deterioration and higher Covid-19 claims impacted results.
Anna Sagar
,
29 July 2020
UK government steps in with £500mn TV and film insurance scheme
The temporary measure aims to “fill the gap” left by the lack of available insurance for the sector.
Bernard Goyder
,
29 July 2020
Convex has an almost unique fundraising story as a hybrid of scale-up and start-up
Convex has an almost unique fundraising story as a hybrid of scale-up and start-up.
Adam McNestrie
,
29 July 2020
Lancashire falls to H1 loss after $42mn Covid-19 hit
The carrier reported a combined ratio of 106.9% as it absorbed Covid-19 losses mainly from its property book.
Anna Sagar
,
29 July 2020
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