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Peak Re buys ILS manager Lutece
The purchase follows the 2019 launch of the Lion Rock Re sidecar.
Fiona Robertson
,
08 April 2020
Swiss Re 2019 cat loss estimate rises to $60bn
The total is up from a December forecast of $56bn.
Lucy Jones
,
08 April 2020
Lloyd’s 2019: 60% of syndicates still generated underwriting loss
The proportion of loss-makers falls 4 points from 2018 but is three times as high as 2014.
Catrin Shi
,
08 April 2020
Reinsurance: Covid-19 and the ‘should pay, can’t pay’ problem
Dynamics that would typically lead to rate rises are set to collide headlong with clients’ reduced ability to pay.
Adam McNestrie
,
08 April 2020
Hiscox cancels dividend due to Covid-19
The carrier withdraws financial guidance for 2020, but sticks to its 2022 combined ratio target for Hiscox Retail.
Rachel Dalton
,
08 April 2020
Lloyd’s makes Benelux appointments after Van Helden exit
Iwan Ropcke will lead Netherlands and Belgium, with Guy-Antoine de La Rochefoucauld taking on Luxembourg.
Samuel Casey
,
08 April 2020
McGriff hires 13 staff amid executive risk management revamp
The new staff join from corporate law firms and brokers including Aon, Marsh and USI.
John Hewitt Jones
,
08 April 2020
Fitch to stress test rated insurers’ ability to weather Covid-19
The ratings agency says it will review how well insurers can cope with doomsday scenarios.
Bernard Goyder
,
08 April 2020
IAG CEO Harmer to retire after illness
CFO Hawkins becomes deputy CEO to aid the transition.
Rachel Dalton
,
08 April 2020
Broker M&A falls 12% in Q1 ahead of coronavirus: Optis
Acquisitive broker consolidator Acrisure was the busiest buyer of insurance intermediaries in Q1, taking over 18 agencies.
Bernard Goyder
,
08 April 2020
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