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Saudi Arabia bars firms from broking both insurance and reinsurance
Companies placing both types of business have one year to make changes, Reuters reported.
John Hewitt Jones
,
03 January 2020
Axis, Gen Re and TransRe drop off NFIP reinsurance panel
The government-run flood insurance provider secured $1.33bn in reinsurance coverage for 2020.
Christie Smythe
,
03 January 2020
Argo concedes to Voce influence with board appointments
The investor’s nominee Carol McFate will take the spot vacated by former CEO Mark Watson III.
John Hewitt Jones
,
03 January 2020
Guy Carp pegs property cat rate on line increase at 5%
Broker says alternative capital retracted by 7% as investors exercise caution.
Rachel Dalton
,
02 January 2020
Hyperion X: Casualty re rates on line up 3%
Broker’s 1.1 report notes uptick in rates for property cat and non-marine retro.
Rachel Dalton
,
02 January 2020
Liberty Mutual agrees to cover Uber in eight US states
The carrier steps in after James River last year stopped insuring the ride-hailing app.
John Hewitt Jones
,
02 January 2020
Specialty re: Rate spikes in aerospace and non-marine retro
Willis Re report shows reinsurers reacting to Boeing incidents and ILS lock-up.
Rachel Dalton
,
02 January 2020
Retro covers overhauled in messy 1.1 renewal
A shift towards rated paper and occurrence structures helped the market clear with some deals remaining outstanding.
Fiona Robertson
,
02 January 2020
Year in Review: A market turn, brokers at war, and Lloyd’s in flux
The Insurance Insider looks back to some of the standout pieces of the last 12 months.
Adam McNestrie
,
02 January 2020
Reinsurance renewals expose pricing/sentiment paradox
Relatively contained gains on pricing contrast with bullish views on reinsurers' prospects.
Adam McNestrie
,
02 January 2020
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