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Floridians reissue subscription pricing as hardening accelerates
Aggregate market pricing could now be up 30 percent, with distressed clients forced to pay considerably more.
Fiona Robertson
,
28 May 2020
Reinsurers will fail to earn cost of capital in 2020: Fitch
The ratings agency highlighted the dual impact of rising losses and turmoil in the financial markets.
John Hewitt Jones
,
28 May 2020
Tropical Storm Bertha downgraded to depression over South Carolina
Rainfall from Bertha is likely to worsen existing flooding in the region, the NHC warned today.
Bernard Goyder
,
28 May 2020
Times Square to go dark in support of BI lobby groups
Iconic billboards will go blank briefly at 21:00 on Wednesday to focus on the issue of coronavirus-related insurance claims.
John Hewitt Jones
,
28 May 2020
Bill to create $750bn pandemic backstop introduced in Congress
The measure is supported by over 30 companies and trade organisations from across different sectors.
John Hewitt Jones
,
28 May 2020
FHCF drops $920mn reinsurance cover in tight Florida market
The state-backed reinsurer's treaty was led by RenRe and Swiss Re in 2019.
Suliman Mulhem
,
28 May 2020
California to impose Covid-19 nursing home liability waiver
At least 20 states in the US have so far moved to limit the liability of care home operators.
John Hewitt Jones
,
27 May 2020
PartnerRe shuffles leadership with Meyenhofer becoming specialty CEO
Greg Haft becomes CEO of global cat, a newly created position at the reinsurer.
Bernard Goyder
,
27 May 2020
Marsh submits wordings to FCA test case
The Financial Conduct Authority began seeking submissions from intermediaries last week.
Anna Sagar
,
27 May 2020
Tropical Storm Bertha heads for South Carolina
The second named storm to form ahead of the official start of 2020 US wind season is to strike within hours.
Rachel Dalton
,
27 May 2020
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