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Aviation market expects $130mn Air China loss
The claim will fall on the WTW and Marsh-brokered CAAC insurance programme.
Adam McNestrie
,
27 September 2019
Axa XL’s New Energy Risk makes two hires from the start-up community
Matt Lucas joins as managing director of business development, while Dvorit Mausner will be director of execution.
Anna Sagar
,
27 September 2019
London Market Group says goodbye to Tom
E-placement, simplified delegated authority business and structured data capture will become part of Future at Lloyd’s.
Anna Sagar
,
27 September 2019
Kessler ‘behaves as if he owns Scor’: CIAM
The French investor resumes its campaign after failing to overturn resolutions at a June shareholder meeting.
Laura Board
,
27 September 2019
CCRIF increases Dorian payout to Bahamas to $12.8mn
The facility had initially estimated a payout of $10.9mn.
Anna Sagar
,
27 September 2019
London has a shot at becoming the market of first choice for most commercial insurance
Writing about London market reform reminds me of the famous sketch in the Monty Python film The Life of Brian in which the revolutionaries of the Judean People’s Front (or was it the People’s Front of Judea?) plot the overthrow of the imperial Roman oppressor and the foundation of an independent Israeli state in a radical, subversive meeting.
Mark Geoghegan
,
27 September 2019
GRP in talks with PE houses as it looks for new backing
The broker consolidator is basing discussions on Ebitda of more than £50mn.
Adam McNestrie
,
27 September 2019
Rate rises ‘imperative’ for profitability: Whitt
Further rate rises “aren’t just a nice to have”, Markel’s co-CEO said on Thursday.
Christopher Munro
,
27 September 2019
RMS pegs Faxai insured losses at $5bn-$9bn
The estimate comes after AIR last week estimated claims from the catastrophe at between $3bn and $7bn.
John Hewitt Jones
,
27 September 2019
Scor backs digital MGA Branch
The French reinsurer is providing paper to support bundled homeowners and auto policies underwritten by the InsurTech.
Bernard Goyder
,
27 September 2019
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