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Watson exit ‘does not allay’ Argo governance concerns: Voce
The activist investment firm criticised Watson’s expected $7.6mn exit payout.
John Hewitt Jones
,
07 November 2019
Japanese reinsurance pricing ‘should double’, says Sirius’ Oberting
Scor’s John Jenkins and OdysseyRe’s Brian Young both believe “significant” change is needed in the pricing of Japanese business.
Christopher Munro
,
07 November 2019
Axa XL estimates H2 cat losses at EUR420mn
Nine-month revenues were up 11 percent year on year, driven by growth in P&C insurance.
Rachel Dalton
,
06 November 2019
Duperreault declares Lexington changes ‘remarkable’
Industry veteran has “never seen anything like it” after admitting AIG was not “addressing the E&S market appropriately”.
Christopher Munro
,
06 November 2019
Reinsurance in 'biggest state of disruption' since financial crisis: Flandro
Hyperion X’s managing director of analytics said reserves were more challenged and the industry was more loss-exposed than ever.
Anna Sagar
,
06 November 2019
Swiss Re confirms interest in China Pacific stake
The European carrier has "no intention" of handing any investor new stock following a report that the Chinese group could buy $2bn or more of its equity.
Samuel Casey
,
06 November 2019
Concirrus appoints Guidewire executive as CFO
Adrian Turner will report directly to CEO Andrew Yeoman and replaces John Colwell.
Anna Sagar
,
06 November 2019
PRA reserves warning signals potential ‘reserving crisis’: Jefferies
Analyst Philip Kett said carriers had become less conservative about booking incurred claims.
Laura Board
,
06 November 2019
Hannover Re: Extra 2020 loss budget reflects growth plan
Carrier pegs industry-wide Faxai and Dorian losses at $5bn-$7bn each.
Rachel Dalton
,
06 November 2019
Analysts sanguine about Hannover Re cat losses
Citi and RBC see ample room in the full-year cat budget for Hagibis claims.
Rachel Dalton
,
06 November 2019
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