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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
Hiscox confirms Dolphin as active underwriter after McConnell promotion
At Syndicate 33 Dolphin is joint active underwriter alongside Paul Lawrence.
Anna Sagar
,
06 November 2019
Tokio Marine HCC promotes cyber chair Harmeyer to expanded role
The carrier is expanding its leadership team as part of its 2020 strategic plan.
Samuel Casey
,
06 November 2019
Watson to reimburse Argo for personal expenses
The refund of a potential $2.23mn is likely to add fuel to activist Voce’s campaign at the carrier.
Rachel Dalton
,
06 November 2019
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