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Travelers cuts aggregate limit by 35%

The scaling back comes amid more stringent conditions for sideways covers.

Fiona Robertson, 23 January 2020
Florida 1.6 dynamics will show limited impact from Demotech push

Demotech’s actions expected to have only a minimal net impact on reinsurance demand.

Fiona Robertson, 23 January 2020
Willis puts 2019 cat losses at $53bn

The broker estimates Hagibis losses at $8bn and Faxai claims at $7bn.

Laura Board, 23 January 2020
Sompo names former Allied World exec Julian James as London market chief

The executive will replace Graham Evans, who is to leave after seven years.

Laura Board, 23 January 2020
Travelers beats Q4 expectations as cat losses shrink

The tort-challenged carrier's shares fall sharply despite favourable reserve development.

Samuel Casey, 23 January 2020
Lockton hires Ireland CEO from JLT

The appointment reflects a concerted expansion of the broker’s Dublin operations.

Laura Board, 23 January 2020
Australian hailstorm claims rise to $353mn: ICA

The fast-escalating claims costs come as insurers contend with hefty bushfire losses.

Samuel Casey, 23 January 2020
No precedent has been set on what a cat loss looks like for cyber

Who remembers the Equifax breach?

Catrin Shi, 23 January 2020
Florida Family loses A- financial strength rating from AM Best

The action comes amid a period of heightened focus on Florida carriers after Demotech signalled a tough line.

Samuel Casey, 23 January 2020
Duperreault pushes back on calls to drop coal underwriting

The AIG executive urged carriers to be "part of the solution" and help customers transition to cleaner energy.

Bernard Goyder, 23 January 2020

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