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Brown & Brown expects to show biggest Covid-19 hit in Q3

J Powell Brown says the pandemic will likely hit the broker’s employee benefits and workers’ comp business most acutely.

John Hewitt Jones, 28 April 2020
Liberty Mutual sees Covid-19 impact as a ‘moderately sized catastrophe’

CEO and chairman David Long says the carrier’s investment portfolio will bear the brunt of the pandemic.

Anna Sagar, 28 April 2020
PwC pegs net London market Covid-19 loss at £5.3bn

Lloyd’s is estimated to absorb £3.4bn of this loss, according to the firm.

Rachel Dalton, 28 April 2020
WRB hires three senior property underwriters

Hiscox’s Olly Durell, MS Amlin’s Daniel Black and Sarah Reeve all join the company.

Samuel Casey, 28 April 2020
Top Aon execs waive 2019 bonus on top of pay cut

The available funds will be distributed into the wider incentives pool.

Samuel Casey, 28 April 2020
Catalina names Axa XL’s Irby as CFO

The executive replaces Chris Fleming, who has been at Catalina since 2005.

Samuel Casey, 28 April 2020
Arch names insider Croome as Syndicate 2012 active underwriter

Predecessor Lino Leoni retains the Arch Insurance International specialty CUO role, while Marie Biggas becomes 2012 deputy active underwriter.

Anna Sagar, 28 April 2020
Aon’s call on the order in which stakeholder sacrifices must be taken will test staff commitment to the cause

Aon’s call on the order in which stakeholder sacrifices must be taken will test staff commitment to the cause.

Adam McNestrie, 28 April 2020
Allianz pays initial $300mn in Spanish bancassurance deal with BBVA

BBVA will contribute insurance operations with GWP of about $325mn last year to a new joint venture.

Anna Sagar, 28 April 2020
Fitzpatrick BI legislation ‘ineffective and inadvisable’ remedy for pandemics: IIABA

The trade association is pushing back against the forward-looking legislation.

John Hewitt Jones, 28 April 2020

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