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AIG still has 'a lot to do' on property book: Zaffino

Speaking during a conference in New York, the executive said said P&C pricing into 2020 would remain “disciplined".

Bernard Goyder, 11 December 2019
ABI will accept ‘misguided’ Ogden rate change

The industry association opts not to seek a judicial review over the UK government’s slender 0.5 point increase to the discount rate.

Laura Board, 10 December 2019
CV Starr takes lead on world’s largest aviation placement

The Civil Aviation Administration of China account has an annual premium volume of about $85mn.

John Hewitt Jones, 10 December 2019
Chaucer pairs with InsurTech Qomplx for SME parametric product

The product features fixed payment for a terrorism event within the insured’s post code, irrespective of physical damage.

Anna Sagar, 10 December 2019
LSM exits London energy liability market as Henderson departs

Amid challenging conditions, the carrier said it did not see a long-term future in the class.

Bernard Goyder, 10 December 2019
WR Berkley $600mn cat renewal placed on Tremor platform

The auction platform expects an active renewal season with an additional $1bn of limit committed from traditional treaty and facultative reinsurance programmes.

Sofia Geraghty, 10 December 2019
Chubb pumps $10mn into African trade credit insurer

ATI counts 16 African nations and the European Investment Bank among its shareholders.

Anna Sagar, 10 December 2019
Miller hires Aon’s Green for wind energy fac role

The broker will initially focus on Asia, Europe and the US.

Samuel Casey, 10 December 2019
Commercial aviation rates rise by 20-30% at key Q4 renewals

Sources said airline premiums have increased by around 40 percent on average.

John Hewitt Jones, 10 December 2019
Late 1.1 renewal will extend U-shaped dynamic pricing

European cat is flat, as US casualty pricing improves and expectations of sequential rises through 2020 grow.

Adam McNestrie, 10 December 2019

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