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Lancashire sets aside $35mn in Q1 for pandemic losses
The (re)insurer's renewal price index demonstrates growth of 8 percent, as the top line expands by 12 percent.
Anna Sagar
,
30 April 2020
Swiss Re posts $225mn Q1 loss as Covid-19 bites
The pandemic makes a $476mn dent in group underwriting as Corporate Solutions sinks further into the red.
Rachel Dalton
,
30 April 2020
Hanover sets aside $13mn for Q1 Covid-19 losses
The insurer’s CEO says it has identified 538 policies where coverage could be triggered.
John Hewitt Jones
,
30 April 2020
Argo sets aside $26mn for Covid-19 claims
The losses mainly relate to event cancellation and BI losses.
Bernard Goyder
,
30 April 2020
Dowling-led consortium takes controlling stake of Protective
The shares changed hands at 85 percent of the carrier’s diluted book value for share for Q1 2019.
Bernard Goyder
,
30 April 2020
James River operating earnings slump to $15.4mn
The carrier's combined ratio worsened by 4.4 points as it reported a $36.8mn net loss for the period.
John Hewitt Jones
,
30 April 2020
Marsh JLT’s Groeber to join CFC in New York
She is set to lead the company’s US growth strategy as it expands into the admitted lines cyber market.
Bernard Goyder
,
30 April 2020
Markel set to pay UK BI claims and is on Wimbledon, the Olympics
The carrier says its UK SME policies don’t carry virus exclusions.
Bernard Goyder
,
29 April 2020
S&P affirms Hiscox A rating despite BI pressure
The ratings agency says that it expects the company to retain capital adequacy even assuming Covid-19 litigation.
Samuel Casey
,
29 April 2020
Scor’s Conoscente says rate environment ‘dramatically improving’
The reinsurer’s P&C chief says primary carriers are looking to protect capital because of the pandemic.
Rachel Dalton
,
29 April 2020
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