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Fitch puts Lloyd’s on negative ratings watch
The ratings agency said uncertainty around Covid-19 threatened underwriting performance and earnings.
Anna Sagar
,
03 April 2020
Contingency market faces £100mn Wimbledon pay-out
The All England Club decided to take out pandemic cover after the 2003 Sars outbreak.
Samuel Casey
,
03 April 2020
The Week in 90 Seconds
As the Covid-19 crisis continues to deepen, this week signs of strain became increasingly evident in certain lines of business.
Rachel Dalton
,
03 April 2020
Meacock: Lloyd’s efforts to cut costs ‘add yet more expense’
The active underwriter also said that he is still waiting to see evidence of lighter touch oversight.
Rachel Dalton
,
03 April 2020
Dale Underwriting appoints Ramage to board
Jim Ramage has more than 50 years’ experience, most notably at JLT Re and Guy Carpenter.
Anna Sagar
,
03 April 2020
Axa faces EUR15mn Olympics postponement loss: Jefferies
Philip Kett said Axa’s likely loss for the outright cancellation of the games would be EUR60mn.
Rachel Dalton
,
03 April 2020
ABI: Forcing Covid-19 BI cover a ‘shortcut to insolvency’
Director general Huw Evans says UK claims are likely to exceed £1bn.
Rachel Dalton
,
03 April 2020
Howden: Covid-19 crisis an opportunity for M&A
Hyperion CEO says the virus will also force the London market to modernise.
Rachel Dalton
,
03 April 2020
A&H market set to avoid major Covid-19 losses
Most contracts are expected to be unaffected by the pandemic, but economic slowdown could hit the sector.
Samuel Casey
,
03 April 2020
Coronavirus unlikely to hinder 1.4 and 1.6: AM Best
The agency said global carriers are well capitalised and that it expects policy exclusions to hold up.
John Hewitt Jones
,
03 April 2020
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