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Pioneer firms up agreement for underwriting transfer to K2

The underwriter’s four remaining units will become part of the expansive US MGA platform, in K2’s first non-US acquisition.

Anna Sagar, 24 April 2020
RSA faces group action over Cottagesure Covid-19 claims

The carrier underwrites the policy on behalf of Gallagher and has around 2,000 customers.

Anna Sagar, 24 April 2020
Financial Ombudsman in talks with insurers over approach to BI cases

The discussions may ease industry fears of cavalier rulings by case handlers in favour of complainants.

Samuel Casey, 24 April 2020
Credit and surety reinsurers ‘nervous’ about Covid-19: Willis Re

Available reinsurance capital could shrink in the line, which does not exclude pandemics, the broker notes.

Anna Sagar, 24 April 2020
Rendez-Vous Association confirms 2020 event cancelled amid pandemic

President Claude Tendil says the “international health situation” means the key reinsurance conference cannot go ahead.

Rachel Dalton, 24 April 2020
The Week in 90 Seconds

Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.

Rachel Dalton, 24 April 2020
Former Swiss Re CEO Lippe dies of Covid-19

The executive restored the carrier's financial strength following the credit crisis.

Samuel Casey, 24 April 2020
UBS ups Covid-19 insured loss estimate to $30bn-$60bn

BI and credit and surety claims are forecast to be the main drivers.

Rachel Dalton, 24 April 2020
Monte Carlo Rendez-Vous cancelled due to Covid-19

The key (re)insurance fixture may return in 2021 if the public health situation permits.

Adam McNestrie, 24 April 2020
Maiden fights to retain Nasdaq listing

Listing watchdogs rule that the stock hasn’t met the exchange’s minimum price requirements.

Rachel Dalton, 24 April 2020

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