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ABI puts UK Dennis and Ciara losses at £363mn
A total of 82,000 claims have been made, with the cost of flooded homes accounting for the largest loss.
Samuel Casey
,
09 March 2020
Australian insurers ‘well placed’ amid $3.3bn cat claims: regulator
APRA chairman Wayne Byres tells lawmakers carriers remain sufficiently capitalised to respond to new events.
Samuel Casey
,
09 March 2020
Perils puts final Dragi-Eberhard loss at EUR782mn
The loss aggregator lifts the tally by EUR10mn from its previous prediction.
Samuel Casey
,
09 March 2020
Argo ex-CEO’s $3.3mn of perks included Met Gala tickets, family jet rides
The expenses were made public in a disclosure to investors on Friday.
Bernard Goyder
,
07 March 2020
US P&C industry swings to underwriting profit in 2019: AM Best
Underwriting income for the industry climbed $4.9bn from the previous year, driven by growth in net premiums earned, according to AM Best.
Bernard Goyder
,
07 March 2020
IRB Resseguros ratings placed under review by AM Best
The Brazilian reinsurer's ratings were placed under review with negative implications after the sudden departure of its CFO and CEO.
Christie Smythe
,
07 March 2020
Stamping Office of Texas appoints new executive director
Greg Brandon, formerly of Valero Energy, succeeds interim executive director Don Meyer at the regulatory body.
Christie Smythe
,
07 March 2020
IFRS 17 delay to January 2023 in the cards
A further one-year delay to the new accounting framework would mark a victory for industry groups.
Laura Board
,
06 March 2020
Florida House passes tort reform measure
The law would make it harder for attorneys to use contingency risk multiplier fees.
Bernard Goyder
,
06 March 2020
Aon and Willis Towers Watson standstill ends
A second takeover run by Greg Case’s broker would come as the target contemplates its CEO succession.
Rachel Dalton
,
06 March 2020
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