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Pandemic quickens A&H market hardening

A trend of capacity withdrawals from the accident and health market preceding the Covid-19 outbreak has been compounded by a growing pushback on pricing and terms and conditions following the pandemic.

Gavin Bradshaw, 10 July 2020
Upstream market dodges FPSO hijacking loss

The upstream energy market is unlikely to face a claim for the hijacking of a floating production, storage and offloading (FPSO) vessel off the coast of Nigeria earlier this month.

Gavin Bradshaw, 10 July 2020
US July cats cause insured losses in the hundreds of millions of dollars

Several US states were hit by tornadoes, heavy rainfall and large hail in July.

Suliman Mulhem, 10 July 2020
A sailor’s life

Insurers for BW Offshore’s Sendje Berge FPSO may have dodged a bullet following a pirate attack on the vessel, but the ordeal may only be beginning for the nine crew members kidnapped in the raid.

Gavin Bradshaw, 10 July 2020
Lloyd’s beats admitted lines retreat from US Virgin Islands, Kentucky and Illinois

The market hones its US focus on reinsurance and surplus lines.

John Hewitt Jones, 10 July 2020
ICA ups Australian summer cat loss figure to A$5.3bn

Bushfire losses make up just over 40 percent of the total claims bill.

Samuel Casey, 10 July 2020
‘Nothing better’ for InsurTech than Covid-19: Wefox CEO

The German InsurTech is now operating at a profit and envisages an eventual IPO, its founder says.

Anna Sagar, 10 July 2020
Lloyd’s looks set to choose more remediation over a pivot to growth for 2021

All-in growth of 10 percent or less is predicted as the Corporation's CEO and CFO press syndicates to complete underwriting turnaround efforts.

Adam McNestrie, 10 July 2020
RenRe’s Dutt steps down from Ventures role

The executive played a key management role in a group that has raised more than $1bn in the last year.

James Thaler, 10 July 2020
ABI extends chair and deputy chair appointments to 2021

Board chair Jon Dye and deputy chair Julian Adams will now serve for an additional year.

Anna Sagar, 09 July 2020

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