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Voce praises Argo management as new directors picked for board
Dr Bernard Bailey and Fred Donner will stand for election at the Argo annual shareholders meeting on 16 April.
Bernard Goyder
,
20 February 2020
Axa replaces Axa XL CEO Hendrick with Chubb's Gunter
The surprise move reflects a desire to bolster profitability at the specialty business, group CEO Buberl says.
Catrin Shi
,
20 February 2020
Alleghany reports $84.4mn loss after heavy Hagibis hit
The company reported catastrophe losses of $284mn for the fourth quarter, compared with $402mn in the same period a year earlier.
John Hewitt Jones
,
20 February 2020
California court rules state can’t force Fair Plan to widen cover
The decision comes amid a flurry of regulatory and legislative activity intended to aid homeowners affected by recent wildfires.
Bernard Goyder
,
20 February 2020
UK insurers will retain storm Ciara/Dennis losses: UBS
Projected losses for major local insurers are expected to be below reinsurance retentions, but could rise, with flood warnings still in place.
Suliman Mulhem
,
20 February 2020
MMC appoints former Homeland Security official to board
Jane Holl Lute will join the MMC board on 1 March in a non-executive capacity.
Bernard Goyder
,
20 February 2020
Samsung retreats from international facultative construction
The (re)insurance unit of the South Korean conglomerate cites “high loss activity”.
Anna Sagar
,
19 February 2020
Everest adds four to E&S casualty team in US
The recruitment drive comes as excess casualty rates soar in response to the social inflation crisis sweeping the US.
Bernard Goyder
,
19 February 2020
Twia plans to renew $2.1bn reinsurance
The insurer had previously considered cutting back its programme to $1.9bn.
Suliman Mulhem
,
19 February 2020
Samsung exits London construction market
The withdrawal reduces other carriers’ ability to write larger line sizes and follows a trend of capacity withdrawal.
Anna Sagar
,
19 February 2020
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