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Covéa takeover of PartnerRe scrapped
Exor rejects Covea’s attempts to renegotiate terms in light of the Covid-19 crisis.
Rachel Dalton
,
12 May 2020
Covid-19 loss notification filed on $2.5bn World Trade Center policy
AIG and Starr are among the providers of the property cover.
Bernard Goyder
,
12 May 2020
EC3 launches casualty and cyber division with RFIB’s Lane
Aviation and marine experts Dominic Toogood and Gary Moore join the firm from Prospect Insurance Brokers.
Samuel Casey
,
12 May 2020
Global prices up 14% in Q1 as correction accelerates: Marsh
Average price growth accelerated to the fastest pace since the recovery began at the end of 2017.
Samuel Casey
,
12 May 2020
Charman calls for ouster of Benchimol and sale of Axis
The Axis founder told this publication the business has also fallen short on governance standards.
Adam McNestrie
,
12 May 2020
Canada establishes trade credit reinsurance backstop
Euler Hermes, Atradius and Coface collaborate with state agency Export Development Canada.
Anna Sagar
,
12 May 2020
HSCM Bermuda lead capital supporter of AIG’s HNW syndicate
Hudson managing partner Michael Millette says the syndicate gives it unique access to the high-net worth segment.
Fiona Robertson
,
12 May 2020
Aegis London names ERS’ Wade as CFO
Also, Rhic Webb has joined the company from Axa XL to take up the new position of general counsel and company secretary.
Samuel Casey
,
12 May 2020
Allianz CFO signals EUR840mn-EUR1.1bn P&C Covid-19 impact
Giulio Terzariol said underwriting losses from the virus would mean P&C operating profit would come in up to 20 percent below target this year.
Catrin Shi
,
12 May 2020
Munich Re signals 1.4 Japan push as big four eye 1.6 rate hikes
The four continental European reinsurers expect Covid-19 to accelerate price momentum despite divergent approaches at 1.4.
Rachel Dalton
,
12 May 2020
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