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The Week in 90 Seconds
Existential threats mount from Covid-19, as investment gains push Lloyd's back into the black.
Rachel Dalton
,
27 March 2020
Sirius launches sale process after Chinese backer relents
Sirius shares spike 25 percent after CMIG made a U-turn on blocking earlier initiatives to dilute its holding.
Rachel Dalton
,
27 March 2020
Aspen, Pioneer and Nephila worst-performing syndicates in 2019
Joint-third-ranked Cincinnati 318 and WRB Syndicate 1967 achieve significant underwriting turnarounds.
Catrin Shi
,
27 March 2020
Moody’s trims Atradius’ entities outlooks to negative amid trade credit worries
The ratings agency maintains a stable outlook for rivals Euler Hermes and ICIC.
Anna Sagar
,
27 March 2020
CIAM blasts Scor over Kessler pay and demands AGM delay
The activist investor revives its campaign for a separation of the CEO and chair roles.
Rachel Dalton
,
27 March 2020
Covid-19 could provide a tailwind in a pivotal year for Lloyd’s future profitability
Covid-19 could provide a tailwind in a pivotal year for Lloyd’s future profitability.
Catrin Shi
,
27 March 2020
If Covéa chooses to engage in brinksmanship over PartnerRe, it will be a test of Exor’s nerve
A lot of water has flowed under the bridge since Covéa struck a deal with Exor to buy PartnerRe in early March.
Adam McNestrie
,
27 March 2020
Talanx says HDI solvency ratio within 150-200% target despite Covid-19
The company notes that only 1% of assets under management are listed equities.
Rachel Dalton
,
27 March 2020
US states push retroactive BI bills despite solvency threat
The Ohio and Massachusetts proposals come as the APCIA estimates small business losses due to Covid-19 at up to $383bn a month.
John Hewitt Jones
,
27 March 2020
IIABA urges swift passage of coronavirus relief bill
The bill will provide $350mn in loans for small businesses hit by the crisis.
John Hewitt Jones
,
27 March 2020
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