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Covid-19 to trigger significant drop in aviation premium income: Gallagher
The pandemic could also lead to a spike in attritional claims and increased risk aggregation due to grounded fleets.
Anna Sagar
,
03 July 2020
InsurTech wrap: Lemonade NYSE debut, Lloyd’s and Wefox
A round-up of recent news on insurance technology initiatives and start-ups.
Anna Sagar
,
03 July 2020
Pioneer to sell Guernsey cell company to legacy carrier Quest
The MGA had established the PCC as a way to align underwriting interests with its paper providers.
Catrin Shi
,
03 July 2020
The Week in 90 Seconds
Wirecard collapse threatens huge loss; Apollo and Argo deals revealed; inside the AGCS turnaround.
Rachel Dalton
,
03 July 2020
SRG acquires Insolvency Risk Services from MS Amlin
As part of the deal, MS Amlin will provide SRG with “ongoing dedicated capacity” for the risk exposures.
Anna Sagar
,
03 July 2020
EC approval delays £10bn UK trade credit backstop
Consultation on amount of premium ceded and how much liability the state will shoulder has caused delays.
Anna Sagar
,
03 July 2020
Reinsurance rates rise by up to 20% in July renewals: Hyperion X
Rate increases should continue but may be increasingly fragmented by January 2021.
Jeff Kuntz
,
03 July 2020
Axa XL curtails D&O risk appetite in London market
The pull back of a key lead market comes at a time of significant hardening in the D&O space.
Catrin Shi
,
03 July 2020
Wirecard insolvency risks multi-hundred-million clash loss
Lines including D&O, trade credit, crime, PI and errors and omissions could all be hit by the German company’s collapse.
Anna Sagar
,
03 July 2020
Quick take: The Lloyd's warning letters
Yesterday, we reported that Lloyd's had issued 18 warning letters to syndicates that were serial underperformers.
Adam McNestrie
,
03 July 2020
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