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Zurich retains Barclays to sell US life insurance business
The business is likely to be valued at around $500mn, according to market sources.
Adam McNestrie
,
29 August 2019
Median economic loss from past Cat 3 Florida storms is $5.7bn
Historical parallels including Jeanne have caused a huge range of economic losses.
Emmanuel Kenning
,
29 August 2019
Lloyd’s innovation facility doubles capacity to £100mn
Twelve more syndicates have joined the consortium, which is designed to tackle emerging risks.
Catrin Shi
,
29 August 2019
Hurricane Dorian’s approach to the US ‘slower’ than predicted
Dorian is predicted to make landfall in Florida on Monday rather than over the weekend, with models diverging after 48 hours.
Anna Sagar
,
29 August 2019
AM Best raises concerns over long-term stability of reinsurance market
The ratings agency said over-capacity could snuff out recent pricing momentum.
Samuel Casey
,
29 August 2019
Start-up Kin targets underwriting profit ‘from day one’
CEO Sean Harper says the MGA’s transition to become a Florida insurer will make it more stable.
Bernard Goyder
,
29 August 2019
Fears about silent cyber fall in 2019: Willis Re
Level of perceived risk drops across all classes of business in the absence of attacks to rival the scope of 2018’s NotPetya and WannaCry.
Rachel Dalton
,
29 August 2019
McGill establishes US company and sets up New York office
The development follows news that the start-up's HQ will be inside the Lloyd's Building.
Adam McNestrie
,
29 August 2019
Integro lends brand to Brazilian entertainment broker
The partnership with Affinité is designed to improve the Brazilian broker’s access to London insurance markets.
Anna Sagar
,
29 August 2019
Hurricane Dorian skirts Puerto Rico as it heads to Florida
A state of emergency has been declared in the US state amid forecasts the storm could strengthen to a Category 3 hurricane.
Anna Sagar
,
29 August 2019
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