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Convex sets wheels in motion on major capital raise
Sources suggest the raise could take the (re)insurer's equity base up to the $3bn it initially targeted.
Adam McNestrie
,
28 July 2020
KCC pegs Hurricane Hanna insured losses at around $350mn
The estimate includes privately insured wind and storm surge damage to homes, commercial properties and cars, but not NFIP losses.
Suliman Mulhem
,
28 July 2020
Piiq wins Dassault and Embraer accounts from Marsh
Accounts move despite significant challenges brokers are facing around new business production.
Adam McNestrie
,
28 July 2020
Canopius promotes Pike to credit and political risk head
The executive joined as an underwriter in 2017 and has a banking background.
Anna Sagar
,
28 July 2020
QIC swings to H1 loss as Covid claims total $104mn
The Qatar-based group reported a loss of about $54.5mn as the underwriting performance of its international carriers deteriorated.
Anna Sagar
,
28 July 2020
InsurTech funding rebounds but early-stage at record low: Willis Re
The second quarter recorded $1.56bn in funding across 74 deals.
Anna Sagar
,
28 July 2020
Covid-19 has accelerated dynamics in the MGA space, and now a tough 1 January renewal looms
Covid-19 has accelerated dynamics in the MGA space, and now a tough 1 January renewal looms.
Catrin Shi
,
28 July 2020
Guy Carpenter hires Global Risk Solutions MD from Armour
Andrew Piatti leaves the Aquiline-backed legacy specialist as the company conducts a strategic review.
Anna Sagar
,
28 July 2020
Moody’s downgrades Aspen entities' FSR to A3
The ratings agency has lowered the carrier’s rating by a notch because of capital adequacy concerns.
John Hewitt Jones
,
28 July 2020
Eiopa proposes EU role in public-private pandemic risk solution
The (re)insurance supervisor calls for “skin in the game” from all risk owners to reduce the risk of moral hazard arising from any state backstop.
Laura Board
,
27 July 2020
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