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‘Fraud will continue’ in Florida despite AOB reform: Heritage’s Lucas
Heritage was one of several Floridian carriers that experienced a surge in assignment of benefits (AOB) claims before 1 July.
Laura Sanicola
,
02 August 2019
Navigators synergies likely on the ‘lower end’ of guidance: Hartford CEO
Earlier this year executives said they expected the deal to add to The Hartford’s earnings by about $110mn-$145mn.
John Hewitt Jones
,
02 August 2019
Fairfax to focus on organic growth rather than M&A
The Canadian conglomerate will buy out all of Omers minority stake in Brit.
Bernard Goyder
,
02 August 2019
AGCS review to focus on US operations: Allianz's Terzariol
The CFO tells analysts the US MidCorp business will come under particular scrutiny.
Laura Board
,
02 August 2019
Allianz’s Baete sees no need for large M&A to ‘camouflage problems’
The CEO promises not to “sit on” excess capital, opening the door to additional capital management.
Laura Board
,
02 August 2019
AmTrust International acquires Legal Insurance Management Group
The acquisition builds on the 2016 purchase of MGA Arc Legal.
Anna Sagar
,
02 August 2019
ICA pegs Townsville flood losses at $815mn
The forecast is A$200mn above the latest industry loss figure from Perils.
Fiona Robertson
,
02 August 2019
Allianz still has AGCS ‘homework’ to do: Terzariol
The Allianz CFO says a portfolio review could lead to shrinkage at the big-ticket specialty unit.
Catrin Shi
,
02 August 2019
AM Best upgrades PartnerRe ratings to A+
The ratings agency says the Emmanuel Clarke-led reinsurer’s balance sheet strength is “at the strongest level”.
Laura Board
,
02 August 2019
California’s disaster insurance proposal should be applauded, but now isn’t the best time to bring a wildfire programme to market
Monday’s edition of the Los Angeles Times contained an op-ed co-written by Ricardo Lara and Tim Edwards highlighting the need for California to push ahead with plans to purchase a disaster insurance programme.
Christopher Munro
,
02 August 2019
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