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Travelers shares drop more than 8% on earnings miss
A worsening tort environment was among factors behind the carrier’s third-quarter underwriting loss.
John Hewitt Jones
,
22 October 2019
European rate rises to be limited to loss-hit property covers at 1.1: Pickel
The Hannover Re executive predicts stronger rate growth in the US.
Rachel Dalton
,
22 October 2019
AIR puts Hagibis insured loss at $8bn-$16bn
Unprecedented rainfall could mean worse losses than 2018’s Jebi.
Rachel Dalton
,
22 October 2019
Travelers registers major miss and underwriting loss on tort environment
Rate rises continue to accelerate, with business insurance rate growth up from 3.6% to 4.3%.
Samuel Casey
,
22 October 2019
Willis Re hires Schoenrock from Guy Carpenter
The broking executive was a managing director at Guy Carpenter in New York for 17 years.
Adam McNestrie
,
22 October 2019
Cyber XoL demand grows as aggregation concerns mount
Cedants are also increasingly seeking for group-level reinsurance protection for cyber exposures.
Catrin Shi
,
22 October 2019
AIG's AlphaCat CEO Zeng to leave in mid-2020
The founding executive will hand over to present COO Paschal Brooks.
Fiona Robertson
,
22 October 2019
Excess casualty dislocation intensifies as social inflation crisis deepens
Limit control, emerging risks and cat losses have all contributed to rapidly changing conditions.
Adam McNestrie
,
22 October 2019
Woodford’s fall from grace deprives the sector of an early advocate
The demise of Neil Woodford and his funds empire will have wide reverberations for many months.
Laura Board
,
22 October 2019
European InsurTech sees renewed foreign interest
The regional scene continues to mature, receiving more attention from foreign investors and InsurTechs alike.
Anna Sagar
,
22 October 2019
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