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Insurance costs will shoot up if plaintiffs’ bar gets its way: Berkley
Social inflation related to the pandemic will put added strain on insurers, the executive said during an earnings call.
Bernard Goyder
,
22 April 2020
Beazley flags first-party Covid-19 claims of $170mn
In an earlier-than-scheduled Q1 trading update Beazley says premiums rose 13 percent, while rates climbed 8 percent.
Rachel Dalton
,
22 April 2020
Chubb Q1 operating profit rises 4.2% to $1.2bn
The insurer reports a 0.1-point improvement in its P&C combined ratio for the quarter.
John Hewitt Jones
,
22 April 2020
RLI earnings dip amid Covid-19 uncertainty
The carrier reports operating earnings of $29.8mn for Q1, down about 7 percent from the first three months of last year.
Christie Smythe
,
22 April 2020
WR Berkley misses expectations on $65mn Covid-19 hit
The insurer reported a 2.6 percentage point worsening of its combined ratio in Q1 on Covid-19 claims.
Bernard Goyder
,
22 April 2020
Greenberg: Insurers must push back on 'unconstitutional' BI legislation
Evan Greenberg says the industry should prevent self-inflicted harm from government attempts to re-write insurance contracts.
John Hewitt Jones
,
22 April 2020
Aon reinsurer index’s 2019 CoR hits 100.3%
Attritional losses hit a 14-year high due to worsening casualty trends and man-made losses.
Lucy Jones
,
21 April 2020
Hannover Re withdraws 2020 profit guidance
The carrier moves to manage expectations amid Covid-19 uncertainty.
Rachel Dalton
,
21 April 2020
Covid-19 prompts new delay to UK whiplash reforms
The new compensation system will begin next April instead of August.
Laura Board
,
21 April 2020
Texas regulator tells insurers to be transparent about Covid-19 changes
The state department of insurance said it has received complaints from policyholders about changes to coverage.
John Hewitt Jones
,
21 April 2020
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