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Australian town of Balmoral destroyed as fires rage in five states

Up to a third of the vineyards around the South Australian capital Adelaide have also been scorched.

Lucy Jones, 23 December 2019
The Vibe case shows Lloyd’s has a commitment to addressing some of the human costs of modernisation

There has been plenty of bad news as we approach the end of the year.

Rachel Dalton, 23 December 2019
California extends mandatory wildfire insurance renewals

There are now over 1 million homes in fire-hit areas protected against non-renewal.

Samuel Casey, 23 December 2019
Guy Carpenter hires Allianz’s Schepens to lead Benelux

He succeeds Bruno Bogaerts as CEO, who will move to the role of chairman.

Samuel Casey, 23 December 2019
NFP Canada names Padovani as president

Greg Padovani joined the broker in 2017 and helped build out its Canadian P&C practice.

John Hewitt Jones, 21 December 2019
The Hartford curbs coal and tar sands underwriting and investment

The decision follows a similar move by Liberty Mutual earlier this month to curtail business and investment involving those fossil fuels.

Christie Smythe, 20 December 2019
Casualty treaty: Surging primary rates, panel change, top-line growth

1 January renewal runs late as brinksmanship from cedants meets determination from reinsurers.

Adam McNestrie, 20 December 2019
MS Amlin to slash international GL book as remediation continues

Third-party liability, product liability and pollution liability are the main affected lines in the cut back.

Adam McNestrie, 20 December 2019
Marsh JLT Specialty nears settlement with NFP hires

Lawyers for the parties told a judge it has “agreed in principle” to settle the case against four former JLT Specialty staff members.

Christie Smythe, 20 December 2019
Omers to acquire 40% of RiverStone UK for $560mn

The deal will result in a $280mn gain for parent Fairfax.

Catrin Shi, 20 December 2019

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