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Pioneer’s Coward set for CEO role as firm aims for advisory model
The head of risk will succeed Andrew McMellin as the former MGA takes a new strategic direction.
Catrin Shi
,
15 July 2020
Compre awaiting $28mn investment from HSCM and HSLP
The January agreement remains subject to regulatory approval.
Jeff Kuntz
,
15 July 2020
Covid-19 threatens rise in marine losses: AGCS
Crew fatigue, maintenance and inspection disruption and curtailed incident response services could all push up claims, the carrier warns.
Samuel Casey
,
15 July 2020
Covid-19 claims to cost EUR50bn to EUR80bn: Moody’s
The range adds to mounting evidence that the industry may be hit less than initially feared by the pandemic.
Samuel Casey
,
15 July 2020
Zurich chairman Liès sees high dividend as ‘duty’: report
The executive tells a Swiss news outlet that the pandemic poses no threat to group targets or shareholder payouts.
Samuel Casey
,
15 July 2020
Construction treaty market contracts as reinsurers react to losses
It is expected that changing reinsurer appetites could fuel further rate momentum in the primary market.
Anna Sagar
,
15 July 2020
Bermudians with Lloyd’s syndicates stand at a crossroads following years of collective underperformance
Bermudians with Lloyd’s syndicates stand at a crossroads following years of collective underperformance.
Adam McNestrie
,
15 July 2020
The Hanover estimates $148mn in Q2 wind, hail and riot claims
The insurer does not expect Covid-19 losses to have a material impact on its second quarter earnings.
Bernard Goyder
,
15 July 2020
Arch reveals $205mn-$225mn pre-tax charge from Q2 nat cats
The (re)insurer said Covid-19 losses would account for about $170mn-$180mn of the claims tally.
John Hewitt Jones
,
15 July 2020
M&A insurance MGA Euclid Transactional expands to Frankfurt
Daniel Mösinger has been hired to build the company’s book of business in German-speaking countries.
John Hewitt Jones
,
14 July 2020
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