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QBE suspends 2020 financial targets amid Covid-19 uncertainty
Combined ratio and investment return targets have been withdrawn due to economic insecurity.
Anna Sagar
,
30 March 2020
Covid-19 sparks negotiation turmoil in troubled D&O market
The already stressed market is concerned about a further wave of securities class actions.
Samuel Casey
,
30 March 2020
Perils pegs Dennis loss at EUR286mn
The majority of losses are thought to stem from the UK, Germany and Belgium.
Anna Sagar
,
30 March 2020
Wimbledon cancellation covered by pandemic insurance: report
The cover will refund ticketholders and contribute to payment to the Lawn Tennis Association.
Anna Sagar
,
30 March 2020
Covéa ‘committed’ to $9bn PartnerRe takeover: report
An Exor source said the transaction “makes even more sense now”.
Bernard Goyder
,
28 March 2020
Chubb confirms possible cyber attack
The carrier has yet to find evidence that the incident affected its network.
John Hewitt Jones
,
28 March 2020
Hiscox, StarStone, Chubb suspend writing nursing home cover
Carriers are retracting quotes as they balk at taking on further risk amid the Covid-19 pandemic, according to market sources.
Bernard Goyder
,
28 March 2020
Genstar ploughs $100mn in Jewett-led fronting start-up Obsidian
Obsidian received a financial strength rating of A- from AM Best following the raise.
Bernard Goyder
,
27 March 2020
ABI calls for state to step up to pandemic BI cover challenge
The trade association urges talks on a tie-up between the government and the insurance industry.
Laura Board
,
27 March 2020
Aon to honour Willis pay plans for a year after closing
Staff let go within that time frame would receive at least the same severance package as under offer at Willis.
Bernard Goyder
,
27 March 2020
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