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US tort environment risks stifling Covid-19 recovery: Travelers’ Schnitzer
The executive says proposals to retroactively force insurers to pay BI claims would set a “dangerous precedent”.
Samuel Casey
,
21 April 2020
Sompo agriculture platform partners with Portuguese MGA
The partnership will initially offer traditional crop insurance products and then expand.
Anna Sagar
,
21 April 2020
Elseco hires Dermot Dick as special adviser to CEO Lemaire
The veteran underwriter previously held executive roles at Qatar Re and Emirates International.
John Hewitt Jones
,
21 April 2020
Travelers seeks to quash Geragos lawsuit
The insurer files a counterclaim insisting the law firm’s policies do not cover its Covid-19 BI claims.
John Hewitt Jones
,
21 April 2020
IICF launches Covid-19 community relief fund
The organisation says there is a simultaneous drop in fundraising income along with a rise in demand.
Anna Sagar
,
21 April 2020
Axa XL’s Greensmith to join AIG as global head of specialty
The executive will join the carrier later this year, reporting to Jon Hancock.
Adam McNestrie
,
21 April 2020
Lyles, Robertson, Greensmith exit in Axa XL leadership restructure
Nancy Bewlay takes on the role of global CUO while Sean McGovern becomes interim CEO for the UK and Lloyd’s market.
Catrin Shi
,
21 April 2020
Travelers takes $68mn Q1 Covid-19 charge as profit slips 25%
The carrier declines to give guidance amid pandemic-related uncertainty as it publishes below-forecast quarterly figures.
Samuel Casey
,
21 April 2020
Covid-19 trade slowdown risks cargo losses: AGCS
More goods left in understaffed storage facilities increases the likelihood of fire or theft.
Samuel Casey
,
21 April 2020
Beazley receives approval for Labuan service company
The entity will provide reinsurance for its syndicates across financial lines, cyber, political risk, terrorism and marine.
Anna Sagar
,
21 April 2020
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