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Queensland hit by hailstorms as bushfires rage
The ICA estimates $75mn of claims to date from the Queensland and New South Wales bush fires, with another $27mn of claims from yesterday’s hailstorms.
Anna Sagar
,
18 November 2019
Hiscox pulls out of casualty re in ‘challenging conditions’
The carrier’s withdrawal comes amid general concerns over pricing and reserving.
Rachel Dalton
,
18 November 2019
Rehnberg will face a baptism of fire as Argo CEO, with the make-up of the board in sharp focus
On Friday this publication revealed that the board of Argo would seek to make insider Kevin Rehnberg the permanent CEO, having earlier appointed him interim chief.
Adam McNestrie
,
18 November 2019
IAIS adopts new capital standard
Implementation of the framework will follow a five-year monitoring period from January.
Laura Board
,
15 November 2019
Argo board will seek to make Rehnberg permanent CEO: sources
The insurer requires permission from Bermudian authorities to affirm the appointment.
Adam McNestrie
,
15 November 2019
AGCS names Williams as global financial lines head
The executive, who replaces Bernard Poncin, is charged with reviewing financial lines strategy.
Samuel Casey
,
15 November 2019
LMA tackles silent cyber with marine and property wordings
Lloyd’s has announced it will clamp down on silent cyber in the new year.
Samuel Casey
,
15 November 2019
Everest Syndicate 2786 cleared for 30% capacity increase
The £177mn of 2020 capacity includes paper for medical SPA 1892.
Laura Board
,
15 November 2019
Vibe underwriters seek new backing after run-off decision
Staff explore funding for an MBO or merger after management calls time on the syndicate.
Rachel Dalton
,
15 November 2019
Rolls-Royce renewal delayed until year end
The postponement of one of the aerospace market's largest accounts comes amid a long-running coverage dispute.
John Hewitt Jones
,
15 November 2019
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