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Greenlight Re issues Q1 profit warning on investment losses
The company said it will post an investment loss of $42.2mn from its holdings in Solasglas Investments fund.
Bernard Goyder
,
13 April 2020
Auto insurers likely to return $10.5bn in premiums: III
Kemper today become the latest carrier to announce a partial refund for customers.
John Hewitt Jones
,
13 April 2020
BHSI begins writing professional lines business in New Zealand
The commercial lines insurer first entered the country in 2015.
Bernard Goyder
,
13 April 2020
California regulator orders insurers to return premiums
Ricardo Lara says the economic effects of coronavirus has cut risk exposures.
John Hewitt Jones
,
13 April 2020
Trump calls on insurers to pay Covid-19 BI claims
The US President was speaking in a White House press conference on Friday.
John Hewitt Jones
,
12 April 2020
AIG and Argo up 10 percent as insurance stocks surge
Insurance stocks outperformed as Federal Reserve agreed to take further action and lawmakers mulled a pandemic backstop.
Bernard Goyder
,
10 April 2020
SEC officials call on firms to expand Covid-19 disclosures
The comments come as AM Best earlier today warned over the impact of regulatory creep on BI claims.
John Hewitt Jones
,
10 April 2020
Farmers and Progressive provide rebates to commercial clients
The companies are agreeing to refund 20 percent of premium payments for March and April, as the pandemic rages.
Bernard Goyder
,
10 April 2020
P&C sector well-positioned for Covid-19 but ‘regulatory creep’ lurks: AM Best
The ratings agency discussed impacts from the pandemic and noted that it is still awaiting responses to a “stress test” questionnaire.
Christie Smythe
,
10 April 2020
US tornado losses to near $2bn from March: Aon
Twisters included those that struck Nashville and Jonesboro last month.
Bernard Goyder
,
09 April 2020
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