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The Hanover Q1 operating earnings surge 8% to $86.8mn
The insurer beat analysts’ expectations despite elevated commercial property losses and the impact of Covid-19.
John Hewitt Jones
,
29 April 2020
CinFin says Covid-19 exposure limited despite lack of exclusions
The insurer’s share price plunged more than 12 percent in the day following the release of first quarter earnings.
John Hewitt Jones
,
29 April 2020
Elon Musk turns to himself to provide Tesla board with D&O cover
Tesla says it has not renewed D&O cover for the 2019-20 policy period because of the cost of premiums.
John Hewitt Jones
,
28 April 2020
Hiscox Action Group looks to Harbour for BI litigation funding
If lawyers can establish enough facts to support the case then Harbour will provide the backing to take it to court.
Samuel Casey
,
28 April 2020
Everest hires Jafari as alternative solutions director
Yashar Jafari has joined the carrier in New York City as leader of its alternative solutions group.
John Hewitt Jones
,
28 April 2020
Universal exhausts private reinsurance on Irma loss creep
The carrier has $1.3bn of public reinsurance cover remaining.
Suliman Mulhem
,
28 April 2020
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
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