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Hyperion’s Dual takes control of New Zealand coverholder
The acquisition will create a New Zealand operation with around £30mn ($37mn) in premium.
Anna Sagar
,
07 May 2020
Floridians face surging rate hikes as Covid-19 piles on pressure
Reinsurers lift price expectations while cedants come to market ready to make concessions.
Insurance Insider/Trading Risk team
,
07 May 2020
Munich Re’s Jurecka doubts top Covid-19 estimates
The CFO says there is too much uncertainty to make predictions on final insured loss figures.
Rachel Dalton
,
07 May 2020
Munich Re’s P&C re unit posts ‘solid’ result: analysts
The carrier predicts a “financially manageable” impact from Covid-19.
Rachel Dalton
,
07 May 2020
Talanx Q1 profit slumps 9.3% on EUR313mn Covid-19 claims
The Hannover Re parent’s primary business took under a third of the losses, with reinsurance taking a EUR220mn hit.
Anna Sagar
,
07 May 2020
The Financial Ombudsman works within parameters that pay limited heed to legal contracts
The Financial Ombudsman works within parameters that pay limited heed to legal contracts. ‘Fairness’ versus the law in Covid-19 BI disputes
Laura Board
,
07 May 2020
RSA receives 25,000 valid Covid-19 claims worth £25mn net
The insurer says the “great majority” of BI claims will not pay out.
Samuel Casey
,
07 May 2020
Munich Re Q1 P&C profit falls 62% on Covid-19 claims
Most of a EUR973mn man-made loss bill emanated from contingency claims related to the pandemic.
Rachel Dalton
,
07 May 2020
Helvetia settles 'uncovered' Covid-19 BI claims with 50% payout
The “pragmatic" move is contingent on the gastronomy companies involved agreeing to exclusions on existing policies.
Samuel Casey
,
07 May 2020
Ryan Specialty Group promotes Mulshine to chief revenue officer
In his expanded role, Mulshine is expected to promote organic growth.
Bernard Goyder
,
07 May 2020
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