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Fairfax warns of $1.4bn Q1 loss due to Covid-19 turbulence
The Allied World and Brit parent draws down $1.8bn from a credit facility to support its (re)insurance operations.
Rachel Dalton
,
15 April 2020
Ascot swings behind cargo InsurTech Parsyl in $15mn raise
McGill and Partners will introduce marine clients to the Colorado start-up.
Bernard Goyder
,
15 April 2020
Liberty hires Williams as Global Risk Solutions CUO
David Williams joins from Chubb where he was vice president of financial lines business in North America.
John Hewitt Jones
,
15 April 2020
Hiscox closes down 13% after BI exposure guidance
The carrier notes that only 10,000 of UK SME clients with BI cover have been hit by the Covid-19 lockdown.
Rachel Dalton
,
15 April 2020
Aon accused of ‘jurisdictional trickery’ by Infinite Equity
The start-up has filed a countersuit against the brokerage giant after it accused founders of trade secrets misappropriation.
Bernard Goyder
,
15 April 2020
Trade bodies slam Thompson BI bill as 'unconstitutional'
The groups sent a letter of opposition yesterday to the California congressman.
Bernard Goyder
,
15 April 2020
New bill to nullify virus exclusions circulating in Congress
The proposed legislation would potentially have a cataclysmic impact on insurers’ balance sheets, according to industry trade bodies.
Bernard Goyder
,
15 April 2020
McGill and Partners hires aviation trio Bond, Goddard and Beadling
The hires are the latest personnel changes in the aviation broking market amid a prolonged war for talent.
John Hewitt Jones
,
14 April 2020
NAIC pushes back on attempts to mandate retrospective BI payments
The move comes after Republican lawmakers asked President Trump to intervene on the industry’s behalf.
John Hewitt Jones
,
14 April 2020
Sompo names Mexico CEO of Global Risk Solutions arm
Ismael Lopez takes over from Junji Hisano, who has moved to the post of chief client officer.
John Hewitt Jones
,
14 April 2020
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