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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
Aon: Reinsurance capacity holds up in H1 but challenges loom
Cat programmes have been completed this year, but a heavy hurricane season could shake up the market, the broker said.
Suliman Mulhem
,
14 July 2020
Aon makes Tunnicliffe UK chair of global and specialty
The former commercial risk solutions UK CEO returns after a period out of the market.
Rachel Dalton
,
14 July 2020
CNA Hardy extends exclusive construction capacity deal with Pen
The carrier began providing capacity to the MGA’s construction business through a consortium in 2014.
Anna Sagar
,
14 July 2020
‘Class of 2020’ confronts both opportunities and hurdles: AM Best
The ratings agency predicts traditional insurance products will be the preferred focus of most start-ups, with some skewing to technology.
Anna Sagar
,
14 July 2020
Brit expands in HNW segment with Chubb and Hiscox hires
Andrew Thorn joins as a senior underwriter and Alex Brice as an underwriter in its recently launched private client team.
Anna Sagar
,
14 July 2020
Changes in trade capital, private equity and Names capital mean Lloyd’s capital base is in flux
Changes in trade capital, private equity and Names capital mean Lloyd’s capital base is in flux.
Catrin Shi
,
14 July 2020
Insurers’ approach to BI causation ‘legally flawed’: FCA test case
The regulator says that the losses were caused by a “jigsaw” of events that should be considered as a whole.
Samuel Casey
,
14 July 2020
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