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BP Marsh-backed XPT buys MGA LP Risk
The transaction will be part-financed through a recently announced debt facility.
Samuel Casey
,
23 April 2020
Loss of production disputes could shift upstream market more than 9/11: Willis Re
The downstream market is expected to be less impacted although there is some BI exposure.
Samuel Casey
,
23 April 2020
Hiscox Action Group hires Mishcon de Reya for legal battle
The group has attracted more than 200 policyholders in dispute over BI cover.
Rachel Dalton
,
23 April 2020
Convex enters contingency with hire of Axa XL’s Killeya
The carrier positions itself to take advantage of rising rates following Covid-19 losses.
Catrin Shi
,
23 April 2020
Willis Re’s Newman: Covid-19 BI losses to run into billions
The heatmap of BI exposure is rapidly changing but reinsurers “stand ready” to pay for losses.
Rachel Dalton
,
23 April 2020
Parthenon Capital snaps up LA broker Venbrook
The PE firm counts AmWins among former portfolio companies.
Bernard Goyder
,
23 April 2020
Willis Re: Prepare for reinsurance Covid squeeze
The broker says claims are manageable, but the dual hit to balance sheets sets the scene for a capital squeeze.
Fiona Robertson
,
23 April 2020
After initial Covid-19 firefighting, an array of unfinished business awaits
Expense mitigation and questions of strategy will re-assert themselves as priorities.
Laura Board
,
23 April 2020
Covid-19 challenges likely to fuel rate momentum: BHSI’s Colahan
The UK and Ireland chief expects the pandemic to erode capacity and drive claims and operating costs higher.
Laura Board
,
23 April 2020
Old Republic promotes Bell to CFO of casualty unit PMA
Bell joins the insurer from USAA in July as deputy CFO, after many years at Travelers.
Bernard Goyder
,
23 April 2020
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