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Asian ports liable to $110bn economic loss from one cyber attack: Lloyd’s
Only 8 percent of this loss would be insured, according to research commissioned by Lloyd’s.
Samuel Casey
,
30 October 2019
Markel profit slides in Q3 despite improved underwriting
The company released a shortened set of results due to technical difficulties with the SEC filing system.
Samuel Casey
,
30 October 2019
SEC launches investigation into AIG life subsidiary: report
Valic is a Houston-based life insurance business specialising in retirement plans for teachers.
John Hewitt Jones
,
30 October 2019
Chubb Q3 underwriting income up 12.6 percent in earnings beat
Chubb’s combined ratio improved by 0.7 percentage points to 90.2 percent.
Bernard Goyder
,
30 October 2019
Argo to absorb $42mn prior-year reserve charge
The carrier also disclosed an estimate of pre-tax catastrophe losses for the third quarter of $19mn.
John Hewitt Jones
,
30 October 2019
Axis swings to Q3 operating loss as catastrophes bite
The Bermudian (re)insurer said mid-size aviation and credit losses had also contributed to the third quarter miss.
John Hewitt Jones
,
30 October 2019
Mortgage business pushes Arch to Q3 underwriting profit
Arch’s insurance and reinsurance net premiums written rise on the back of new business opportunities and rising rates.
Christopher Munro
,
30 October 2019
Aviation broking trio defect to McGill & Partners
Wayne Hawkins, Stuart Nelson and Andrew Barker are set to join the Steve McGill-led broker.
John Hewitt Jones
,
30 October 2019
Carriers put more chips into US MGAs
The finale of the US managing general agency (MGA) conference was a casino night, put on by the claims giant Sedgwick.
Bernard Goyder
,
29 October 2019
Shares rally for brokers after strong Q3 organic growth
MMC and Brown & Brown stock has risen today after the firms released their results.
Samuel Casey
,
29 October 2019
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