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Recovering reinsurers push for rate in mid-year renewals: Willis Re
Capacity remains adequate but the focus on returning to underwriting profit is driving up rates.
Fiona Robertson
,
01 July 2020
Equivalence designation in the balance as UK pushes divergence
Assessments of how closely UK rules mirror those of the bloc look set to remain mired in politics.
Laura Board
,
01 July 2020
Lloyd’s reveals three solutions to tackle Covid-19 and systemic risk
ReStart, Recover Re and Black Swan Re aim to address the short-, medium- and long-term risk associated with Covid-19 and future systemic events.
Catrin Shi
,
01 July 2020
AGCS seeks EUR200mn savings as it launches four-year turnaround
The carrier will streamline management and products and cut a total of around 700 roles.
Laura Board
,
30 June 2020
Willis warms up potential Miller bidders as Covid chaos recedes
The business was put up for sale as a byproduct of Willis’ own deal with Aon.
Adam McNestrie
,
30 June 2020
BMS hires Asia head from Aon
Sandra Lee led Aon’s Asian transactions liability team from 2012.
Anna Sagar
,
30 June 2020
Capacity crunch looms in M&A insurance sector in 2021: Howden
Rising claims costs could eclipse premium income in 2020.
Samuel Casey
,
30 June 2020
Convex seeking $150mn of limit from new Hypatia Re cat bond
The two-tranche deal will provide US storm and Canadian quake cover.
Suliman Mulhem
,
30 June 2020
Terrorism specialist Umphress joins Brit’s US specialty team
Brit has appointed Andrew Umphress as vice president, terrorism, to its US specialty operation, based in New York.
Gavin Bradshaw
,
30 June 2020
Covid-19 catalyses US casualty treaty rate rises
Reinsurers demand exclusions and rate rises in all classes amid pandemic uncertainty.
Rachel Dalton
,
30 June 2020
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