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Sompo’s withdrawal has shown that not just the worst-performing syndicates will think seriously about an exit
The carrier’s withdrawal has shown that not just the worst-performing syndicates will think seriously about an exit.
Catrin Shi
,
17 April 2020
Greenberg: Pandemic bills could bankrupt insurance industry
The Chubb CEO calls on Congress to shield corporate America from Covid-19-related litigation as the US begins to re-open.
Rachel Dalton
,
17 April 2020
Elon Musk boasts his rockets are cheaper to insure
"It costs less $ to insure a Falcon 9 mission," said Musk in a Tweet.
Bernard Goyder
,
17 April 2020
Reinsurers on notice for C$400mn-C$800mn Aviva loss
Losses were driven by claims on Canadian dentists’ cover and UK exposure.
Adam McNestrie
,
16 April 2020
Bonuses and pay increases halted for Aviva management
The carrier said that bonuses and pay increases would not be given until dividends are restarted and coronavirus uncertainty lifts.
Anna Sagar
,
16 April 2020
Argo elects fresh board in online AGM
Bernard Bailey and Fred Donner join Carol McFate as new Argo directors following a shareholder vote.
Bernard Goyder
,
16 April 2020
Global re capital bounces back as markets pare losses: Willis
The broker says the solvency and capital impacts of the Covid-19 rout have eased.
Rachel Dalton
,
16 April 2020
Coronavirus recovery likely to be U-shaped: Allianz CEO
Oliver Baete tells Bloomberg that the pandemic was like a “meteorite” for the insurance industry.
Anna Sagar
,
16 April 2020
Hiscox UK BI claims could stretch to $150mn: Peel Hunt
The calculation is based on carrier guidance to the market about potential exposures.
Samuel Casey
,
16 April 2020
Greenberg: US must ramp up coronavirus testing to reopen economy
Speaking on Fox Business, the Chubb CEO explained that testing and social distancing protocols were essential.
John Hewitt Jones
,
16 April 2020
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