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High Court blocks Chubb from Brazil legal action on shipping case
Daiichi secures an anti-suit injunction against the insurer regarding a claim for damage to cargo of iron ore in 2014.
Anna Sagar
,
20 May 2020
ILW buyers up offers as retro market tightens
The platform said a narrowing spread between buy and sell offers on ILWs suggests more trades will clear.
Lucy Jones
,
20 May 2020
Armour appoints TigerRisk to run strategic review
PE backer Aquiline is thought most likely to seek a merger partner for the Bermuda-based legacy firm.
Adam McNestrie
,
20 May 2020
Hospitality group narrows BI litigation to QBE and Aviva
The decision comes after a review of more than 500 policies by law firm Mishcon de Reya.
Rachel Dalton
,
20 May 2020
Cyber MGA Coalition closes $90mn Series C funding round
The additional investment takes the cyber specialist’s total backing to $125mn.
John Hewitt Jones
,
20 May 2020
Loss amplification threatens P&I insurers in Covid-19 world
Travel restrictions and social distancing could hamper vital response efforts in the event of a casualty.
Samuel Casey
,
20 May 2020
Lockton Re takes ex-Guy Carp energy chief as marine and energy chairman
The expansive broker adds another former JLT Re executive, intercepting Martin Stephenson’s move to Aon.
Anna Sagar
,
20 May 2020
MS Amlin returns to FY profit as equity losses hit parent
The Japanese parent predicts a Covid-19-related drop in fiscal 2021 earnings.
Laura Board
,
20 May 2020
Tokio Marine international FY profits slip 4.7% on NA losses
The weaker international result was driven by deteriorating loss ratios and reserve strengthening in North America.
Samuel Casey
,
20 May 2020
Sompo International FY profit almost doubles on specialty growth
The parent group predicts a 14bn yen ($130mn) impact in the 2020/21 year from Covid-19, rising to 30bn yen in a worst-case scenario.
Rachel Dalton
,
20 May 2020
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