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AIG pulls out of Latin American construction
According to sources, AIG underwriters globally have been told not to write new construction risks in Latin America.
Bernard Goyder
,
13 February 2020
‘Signs of discipline’ emerging in reinsurance: Arch’s Grandisson
The carrier is seeing increasing submission levels and “much improved pricing” in facultative reinsurance.
Christie Smythe
,
12 February 2020
Chinese InsurTech Huize prices shares above mid-point in $55mn IPO
The company makes its Nasdaq debut.
Anna Sagar
,
12 February 2020
Grocer Ocado receives $95mn for Andover fire to date
Further payments for reconstruction and BI losses are expected.
Anna Sagar
,
12 February 2020
Mapfre Re falls to Q4 loss as combined ratio swells 16.2 points
Chilean riot losses of about EUR20mn and almost EUR107mn in Japanese typhoon claims weigh on the final months of the year.
Laura Board
,
12 February 2020
IAG to recoup A$380mn from reinsurers after heavy disaster losses
The carrier made recoveries under last year’s aggregate cover and its fiscal-year stop loss.
Rachel Dalton
,
12 February 2020
Axa and McGowan form entertainment joint venture
The combined vehicle will write P&C cover for amusement parks, arcades and carnivals.
Rachel Dalton
,
12 February 2020
A&H commissions squeezed as London market shows first signs of turn
Rates are starting to move in some areas of the line, which has been flagged for lacklustre price changes.
Samuel Casey
,
12 February 2020
B3i reveals blockchain software placed 30 cat treaties at 1.1
Nine cedants including Allianz and Generali were involved in the pilot.
Bernard Goyder
,
12 February 2020
Watford narrows net loss by 82% in Q4
The reinsurer reported a net loss of $16.9mn for Q4, substantially improving from a loss of $90.4mn in the same period a year earlier.
John Hewitt Jones
,
12 February 2020
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