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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
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
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