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Loss-cost inflation was always going to accelerate in the casualty sector
Only a matter of months ago “social inflation” sounded slightly arcane. It has since become the industry’s main preoccupation.
Laura Board
,
21 January 2020
D&O: New data points to excess pricing surge
However, there's more to re-underwriting an excess book than price alone, Inside P&C analysts noted.
Gavin Davis
,
21 January 2020
Sidecar support cut by 20% or more amid ILS step-back
The cutbacks could have withdrawn close to $1.5bn of limit from the market.
Fiona Robertson
,
21 January 2020
Willis Re promotes Green to international casualty role
The Australia CEO becomes regional chair and will lead international liability.
Rachel Dalton
,
21 January 2020
Apollo promotes Moore to head of Ibott
The former casualty deputy steps into a gig economy risk role.
Rachel Dalton
,
21 January 2020
Everest Re hires Klinger as Europe managing director
The executive will replace Stephan Knipper, who is retiring after a 33-year career.
Samuel Casey
,
21 January 2020
The audit firms will play a pivotal role in how fast the casualty reserving crisis plays out
Since December we have been stressing that the major fourth-quarter results story is likely to be reserve charges taken by carriers that write US casualty books.
Adam McNestrie
,
21 January 2020
ICA reports $219mn hailstorm claims as fire losses near $1bn
More claims are expected to be lodged by homeowners as they inspect damage this week.
Samuel Casey
,
21 January 2020
AIG reshuffles regional GI CEOs as Shah departs
The Asia Pacific CEO’s departure from the general insurance division follows the exit of Chris Townsend earlier this month.
Samuel Casey
,
21 January 2020
Hamilton snaps up Sforza to lead US property reinsurance
The executive was previously vice president of property and multiline treaty at PartnerRe
Samuel Casey
,
20 January 2020
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