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FCA BI test case expected to pivot on causation and vicinity wordings
Eventual payouts could vary wildly depending on the interpretation of trends clauses, lawyers note.
Samuel Casey
,
17 June 2020
Arts bodies prepare action over Covid-19 BI claims
Charles Russell Speechlys is advising is the customers of various UK insurers.
Rachel Dalton
,
17 June 2020
VIG set to renew 1.1 cat tower by end of June as rates harden
The early renewal approach has been met with opposition from Lloyd’s reinsurers.
Adam McNestrie
,
17 June 2020
FCA test case law firm denies Mactavish conflict of interest suggestion
The claims resolution firm suggested Herbert Smith Freehills may have worked on some of the policy wordings under scrutiny in the High Court test case.
Anna Sagar
,
17 June 2020
Munich Re Syndicate names Axa XL’s McAdams as marine chief
The experienced underwriter replaces Simon Parnell, who is retiring after a long career at the firm.
Samuel Casey
,
17 June 2020
Enstar mulls additional options for run-off candidate StarStone International
News of the review follows last week’s deal to sell the US business to former Validus chief Noonan.
Rachel Dalton
,
17 June 2020
S&P revises AGCS ratings outlook to negative
S&P has revised its ratings outlook on Allianz Global Corporate and Specialty (AGCS) downward, from stable to negative, citing Covid-19-related profitability concerns.
Gavin Bradshaw
,
17 June 2020
Scor working with recruiter on Kessler successor
Carrier says it will propose new CEO well in advance of 2021 AGM.
Rachel Dalton
,
17 June 2020
AGCS expands UK cyber offering
Allianz Global Corporate & Specialty (AGCS) has launched a new cyber insurance product, supported by recent new appointments to its UK cyber team.
Gavin Bradshaw
,
17 June 2020
Lloyd’s targets 1 September underwriting room reopening
The space will have plastic screens between desks and temperature sensors, while lift numbers will be limited at 1 Lime Street.
Anna Sagar
,
17 June 2020
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