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Philadelphia Energy Solutions sues insurers over $1.25bn in protection

Carriers led by Axa XL are accused of “not acting in good faith” and acting “miserly”.

Bernard Goyder, 15 February 2020
Fairfax units ‘ready to expand’ in 2020: Watsa

The Canadian carrier's insurance units are looking to take advantage of a favourable rate environment.

Christie Smythe, 15 February 2020
RMS predicts insured Ciara property losses of up to $2bn

The forecast broadly aligns with estimates from rival modelling company AIR.

Lucy Jones, 14 February 2020
GIC and Ark syndicates top Q4 Lloyd’s e-placement rankings

Lloyd’s syndicates accepted 73 percent of in-scope risks electronically along with 39 percent of submissions.

Anna Sagar, 14 February 2020
The Week in 90 Seconds

PartnerRe sale talks, Fidelis capital raising and AIG results.

Rachel Dalton, 14 February 2020
Tokio Marine 9-month profit falls 3.2%

Earnings decline in the international non-life business of the Japanese carrier.

Rachel Dalton, 14 February 2020
Brit returns to $180mn profit in 2019

The firm returns to the black at underwriting level with a combined ratio of 95.8 percent.

Catrin Shi, 14 February 2020
Sompo International 9-month profit rises 80%

Group profits slip back due to cat loss reserve strengthening.

Rachel Dalton, 14 February 2020
AIR pegs Ciara insured losses from wind damage at up to $2.1bn

Most claims emanate from Germany, France and the UK.

Laura Board, 14 February 2020
Downstream energy, D&F among potential growth areas for Lancashire

The carrier may also expand in power and niche aviation as conditions improve, CUO Paul Gregory told analysts.

Anna Sagar, 14 February 2020

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