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AGCS EUR600mn reserve charge is ‘conservative’: Bäte
Claims inflation may outstrip rate growth, Allianz suggests.
Catrin Shi
,
21 February 2020
Swiss Re defends reserving actions
The carrier assures market of its “confident” reserving position and signals a return to CorSo underwriting profitability in 2021.
Laura Board
,
21 February 2020
Willis-Miller's marriage was always curious and their divorce looks rational
New ownership could clear channel conflict, end internal competition and allow Willis to book a gain on disposal.
Adam McNestrie
,
21 February 2020
AGCS reserve strengthening dents Allianz 2019 P&C earnings
The fourth-quarter combined ratio at the commercial specialty unit swells almost 37 points.
Catrin Shi
,
21 February 2020
ProAssurance strikes $450mn deal to acquire Norcal
Fitch placed ProAssurance ratings on negative watch following the announcement of the acquisition, noting concerns about the medical professional liability space.
Christie Smythe
,
21 February 2020
Allstate estimates January cat losses at $58mn
The carrier said claims would be partially offset by favourable prior year development.
John Hewitt Jones
,
21 February 2020
James River Q4 operating profits rise to $23.3mn
Underwriting income at the carrier jumped 47 percent to $18.6mn.
John Hewitt Jones
,
21 February 2020
Insurers settle Frenchman’s Reef claim for $247mn
The resort’s owner said it had settled its dispute with XL, Lloyd’s underwriters and US Fire over a Hurricane Irma claim.
Christie Smythe
,
21 February 2020
Aquiline appoints former Ironshore CEO Kelley as executive adviser
Former Ironshore and Lexington CEO Kevin Kelley has joined the PE firm.
John Hewitt Jones
,
21 February 2020
TransRe lines up behind Hippo on renewal
The move follows the exit of Munich Re as the homeowners’ managing general agency’s treaty reinsurer last year.
Bernard Goyder
,
21 February 2020
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