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AM Best drops US commercial lines outlook to negative
The agency is concerned about the effect coronavirus will have on premiums and carriers’ equity levels.
John Hewitt Jones
,
08 April 2020
Healthcare liability insurers show caution as Covid-19 spreads
At least one insurer, Chubb, has paused quoting casualty cover for new healthcare clients.
Bernard Goyder
,
08 April 2020
Texas movie theatre chain files suit over Lloyd’s pandemic endorsement
SCGM says that the policy provides coverage because Covid-19 is a variant of SARS.
John Hewitt Jones
,
07 April 2020
Gore prepares Covid-19 cat claim as Canada BI fears grow
Reinsurers are concerned about a wave of covered pandemic BI claims from the Canadian market.
Adam McNestrie
,
07 April 2020
WR Berkley picks former Chubb executive to run workers’ comp unit
Scott Holbrook succeeds former Key Risk president Robert Standen, who takes the helm of other operating units.
Bernard Goyder
,
07 April 2020
AIG shares up 8% as (re)insurance stocks rally
(Re)insurance shares in Europe also outperform market indices after a strong day for US brokers yesterday.
Samuel Casey
,
07 April 2020
Axis Insurance hires US E&S property head from Ethos
Michael Carr will report to US CEO Carlton Maner.
Anna Sagar
,
07 April 2020
BHSI makes insider German healthcare underwriting head
Michael Pille will take on the newly created role after three years at the Berkshire Hathaway business.
Anna Sagar
,
07 April 2020
Contingency claims hitting Lloyd’s at ‘alarming rate’: AmWins
Despite a smooth transition to remote working, Lloyd’s underwriters are focusing on existing clients during the pandemic, the broker warns.
Samuel Casey
,
07 April 2020
FCA pledges overhaul to ‘focus on outcomes’
The conduct regulator will review data collection and authorisation processes, assuming Covid-19 work allows it the time.
Laura Board
,
07 April 2020
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