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Covid-19 care laws ramp up UK local authority liability exposure
The potential reduction in care requirements for disabled people could lead to legal challenges.
Rachel Dalton
,
05 May 2020
AIG puts Blackboard into run-off
AIG will recognise an impairment charge of $210mn in connection with shutting down the InsurTech.
Bernard Goyder
,
05 May 2020
Arch operating profits fall nearly a third as Covid-19 claims bite
Arch’s top line jumped by more than 36 percent, driven by rate rises, the Barbican acquisition and expansion.
Bernard Goyder
,
05 May 2020
Axis swings to $164mn operating loss in Q1
Covid-19 losses led to a 22.9 point worsening in the Bermudian reinsurer’s combined ratio.
John Hewitt Jones
,
05 May 2020
AIG feels impact from Covid-19 losses in Q1
The General Insurance division reported an underwriting loss of $87mn, driven by $272mn in Covid-19 claims.
Christie Smythe
,
05 May 2020
DC Council to vote on Covid-19 BI bill
The proposed legislation would mandate the payment of claims for businesses with fewer than 100 employees.
John Hewitt Jones
,
05 May 2020
Lloyd’s to pilot fast-track capital planning process for 2021
Corporation also opens up “file and use” to more syndicates.
Rachel Dalton
,
04 May 2020
S&P upgrades CCR Re to A
The ratings agency predicts that the company will maintain a robust capital buffer despite investment losses.
Samuel Casey
,
04 May 2020
Fairfax Covid-19 losses ‘will be quite limited’: Watsa
The executive said he is optimistic society will be able to “handle” the pandemic.
Bernard Goyder
,
04 May 2020
Everest Re promotes Tibbitt to deputy CUO for reinsurance
Sharry Tibbitt moves into the role from her current post as vice president of treaty underwriting.
John Hewitt Jones
,
04 May 2020
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