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Power still rests with cedants by default thanks to a continued glut of capacity
One of the long-term, fundamental questions in reinsurance has been the degree to which pricing in one region can affect another.
Rachel Dalton
,
20 August 2019
US Treasury fines Atradius for sanctions violation
Atradius’ US subsidiary settled allegations surrounding the debt of a firm linked to money laundering.
Rachel Dalton
,
20 August 2019
Guy Carp to source reinsurance for Cali wildfire fund
California lawmakers passed a bill in July to create the $21bn utility liabilities fund.
Rachel Dalton
,
20 August 2019
Liberty Mutual enters subcontractor default insurance
The carrier hires a former Aon director as it enters the $650mn market.
Rachel Dalton
,
20 August 2019
Industry M&A experts report uptick in holdback clauses
Holdback clauses are being used to retain staff and improve the optics of some transactions, insurance M&A experts said.
John Hewitt Jones
,
20 August 2019
S&P upgrades The Hanover outlook after ‘aggressive underwriting action’
The Hanover’s commercial lines combined ratio has improved by 4.5 percentage points in two years.
Bernard Goyder
,
20 August 2019
PG&E’s liability for 2017 Tubbs Fire will be decided by citizen jury
The decision, made by a US bankruptcy judge, sent PG&E shares plummeting by as much as 30 percent on Monday.
Laura Sanicola
,
20 August 2019
Insurers buying D&O cover dodge major rate hikes: Aon SVP
Ariel Duris said heavy regulation means the industry submits fewer claims than other sectors.
John Hewitt Jones
,
20 August 2019
Root valued at $3.65bn in $350mn Series E round
The latest fundraise comes after the auto carrier entered the Californian market.
Bernard Goyder
,
19 August 2019
Lockton lures Marsh’s US FinPro lead Beresheim
Beresheim’s arrival follows the recruitment of a cyber chief from Willis.
Bernard Goyder
,
19 August 2019
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