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IUA launches new London market construction group

The committee will be comprised of underwriters who write professional indemnity for construction, and have a particular focus on cladding and fire protection.

Anna Sagar, 23 October 2019
Former BP CEO Browne named chairman of Windward

The peer is already a board member and investor in the marine data and software company.

Samuel Casey, 23 October 2019
The desire to ‘stick it to the man’ via litigation is mounting, and deeply worrying

Politics is dominating much of the news agenda on both sides of the Atlantic. In the UK, it is the continuing issues arising out of Brexit, while in the US, we are now some 13 months from a presidential election and the debates are heating up.

Christopher Munro, 23 October 2019
Victor lines up Zurich capacity for new workers’ comp program

The product will be underwritten by Dovetail Insurance, a Victor subsidiary focused on InsurTech.

Bernard Goyder, 23 October 2019
Rates failing to keep up with loss costs, warns Munich Re’s Levy

Improvements in pricing are not enough to match the spike in loss costs.

Christopher Munro, 23 October 2019
Spiralling social inflation echoes medmal crisis: Rob Berkley

Social inflation has come under sustained focus in recent months amid a sudden rise in jury awards.

John Hewitt Jones, 23 October 2019
Tria failing to meet statutory goals, warns APCIA’s Gordon

Repeated increases to co-shares and deductibles mean there is no guarantee of market stability after a terrorist attack.

Christopher Munro, 23 October 2019
WR Berkley beats Q3 consensus and reports rate rises

The specialty insurer reported earnings of $0.85 per share, surpassing a consensus analyst estimate of $0.67 per share.

John Hewitt Jones, 23 October 2019
Lloyd’s will not compete with US distributors: Ascot’s Brooks

Trust Lime Street not to go ‘past a certain point in the distribution chain’, the Ascot Group CEO said.

Bernard Goyder, 23 October 2019
Crum & Forster appoints Opitz as inland marine VP

Robert Opitz joins the Fairfax-owned business after 24 years at Chubb.

Anna Sagar, 22 October 2019

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