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Ocado pegs Andover fire loss at £110.3mn
Property damage totals almost £97mn, the online grocer says.
Anna Sagar
,
10 July 2019
McConachie steps down from Third Point Re’s board
The departure comes two months after Bredahl’s resignation as CEO.
Rachel Dalton
,
10 July 2019
Brit expands US casualty team with Swiss Re and Redstone hires
Garick Zillgitt and Justin Magee will be vice presidents of primary general liability and excess casualty respectively.
Anna Sagar
,
10 July 2019
Suncorp renewal stable despite hailstorm, flooding and wildfires
The lowest layer was offered at 50 percent rate on line, while the majority of its programme held flat.
Rachel Dalton
,
10 July 2019
California’s earthquake insurance take-up may be low, but the industry could be hit hard by BI and CBI losses
Southern California was rocked by two earthquakes last weekend and while the (re)insurance industry’s exposure to the events is expected to be minimal, they again served as a reminder of what’s at stake should the so-called “big one” that scientists are expecting actually occur.
Christopher Munro
,
10 July 2019
Zurich installs CRO Martin as EMEA chief to replace Blanc
The executive joined Zurich in 2017 from Swiss Re.
Rachel Dalton
,
10 July 2019
Global reinsurance capital rebounds in Q1 after 2018 dip: Aon
Capital has rebounded by 3 percent to $605bn in the first quarter of 2019.
Laura Sanicola
,
10 July 2019
Swiss Re Corporate Solutions needs three years to return to black: RBC
The firm cuts its earnings forecasts for parent Swiss Re.
Samuel Casey
,
09 July 2019
Market on watch for potential $1bn of downstream energy losses
Cameroon’s Sonara refinery and Algeria’s Arzew production plant have both been hit by fires in the past month.
Adam McNestrie
,
09 July 2019
FCA warns on IDD implementation in 2018/2019 report
The regulator also says it commissioned six insurance-sector skilled person reports in the financial year ended 31 March.
Laura Board
,
09 July 2019
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