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Tokio Marine HCC downgraded by S&P after Pure deal
The ratings for HCC were lowered to A+ from AA- following the acquisition's close.
Bernard Goyder
,
10 February 2020
Hokodo launches in France
The trade credit InsurTech aims to insure around 20,000 businesses by the end of the year.
Anna Sagar
,
10 February 2020
HDI appoints Kangasniemi as head of airlines
The executive previously led the insurer’s general aviation portfolio.
John Hewitt Jones
,
10 February 2020
Covea-PartnerRe deal would create $26bn diversified player
Just under a quarter of Covea’s portfolio would be dedicated to reinsurance should its bid for PartnerRe be successful.
Catrin Shi
,
10 February 2020
Dale casualty underwriter Wagstaff to join MedPro
Berkshire Hathaway-owned MedPro provides medical malpractice insurance in the US.
Samuel Casey
,
10 February 2020
LMA aligns 2020 goals to Future at Lloyd’s plans
The association is to focus on underwriting standards, PPL and data.
Rachel Dalton
,
10 February 2020
Scor shares fall on Covéa-PartnerRe talks
The mutual has no restrictions governing the potential sell-down of its 8.4 percent stake in the French reinsurer.
Rachel Dalton
,
10 February 2020
Carnegie-Brown: Insurance sector yet to get ‘arms around’ coronavirus risk
The Lloyd’s chairman predicts the virus will be a “reasonably underinsured” event.
Anna Sagar
,
10 February 2020
Axa to sell Eastern European businesses to Uniqa for EUR1bn
The Austrian buyer will pay 12.4x estimated 2019 net profit for the operations.
Rachel Dalton
,
10 February 2020
ICA declares eastern Australian flooding a catastrophe
Bushfires losses still dwarf claims from the other five major events to afflict Australia since October.
Anna Sagar
,
10 February 2020
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