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UK motor XoL rates up 15-30% as capacity shrinks
Price growth defies modest expectations as carriers including Liberty Mutual, MS Amlin and R+V Re retrench.
Laura Board
,
30 December 2019
R&Q Bermuda buys Distinguished Re
The acquirer pays a symbolic $1mn for the loss-making Barbadian business.
Rachel Dalton
,
30 December 2019
GRP’s 12-month Ebitda rises 42%
The broker-consolidator's fiscal 2019 loss narrows.
Rachel Dalton
,
30 December 2019
AIG’s Browne joins Berkshire as UK, Europe head of casualty
Hilary Brown most recently served as head of casualty, international for AIG.
Christie Smythe
,
28 December 2019
Liberty Mutual sells Russian unit
Liberty Mutual has agreed to sell its Russian unit to privately held lender Sovcombank for an undisclosed sum.
Laura Board
,
27 December 2019
Hagibis auto, fire and casualty claims hit $3.6bn: GIAJ
The trade association’s claims tally for Faxai reaches $3.05bn.
Rachel Dalton
,
27 December 2019
Florida regulator ‘seeks liquidation’ of Windhaven
The car insurer, which has held quota share partnerships with Greenlight Re, entered receivership earlier this month.
Rachel Dalton
,
27 December 2019
AM Best revises down QIC outlook to negative
The ratings agency highlights considerable staff turnover, a fluctuating business strategy and soft market growth.
Rachel Dalton
,
27 December 2019
Voce fires new Argo salvo after securing shareholder meeting
The Daniel Plants-led activist wants to remove five directors before their scheduled departure date and put replacements to a vote.
Rachel Dalton
,
27 December 2019
Heatwave set to worsen Australian wildfires
Pressure grows on firefighters after a brief cool period over Christmas.
Rachel Dalton
,
27 December 2019
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