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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
Everest hires former AIG marine exec Sipple
She joins Everest’s marine practice after stepping down from a senior role at AIG.
John Hewitt Jones
,
22 October 2019
Rate rises after 2017/18 losses have been anaemic: OdysseyRe’s Young
The reinsurance market "can and will get better" after recent disappointments.
Christopher Munro
,
22 October 2019
Swiss Re global partnerships North America head Kaplan leaves reinsurer
He is set to leave on 1 November after more than 10 years at the global reinsurer.
Adam McNestrie
,
22 October 2019
The reputational risk of retro to fund managers may explain the fundraising struggle
Retro pricing rose at 1 January 2018. And it rose substantially on those levels 12 months later as the Great Reload gave way to the Great Lockup.
Adam McNestrie
,
22 October 2019
Standalone terrorism market attracts greater interest as Tripra renewal looms
(Re)insurers are already preparing contingency plans in case the programme fails to renew.
James Thaler
,
22 October 2019
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