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Townsville floods claims rise to almost $800mn: ICA
Carriers have so far paid out $327mn in claims stemming from the disaster.
John Hewitt Jones
,
30 April 2019
Zurich reports 221% Swiss Solvency ratio
The ratio was published as part of the carrier’s annual regulatory disclosure.
John Hewitt Jones
,
30 April 2019
Management has lost touch with the ‘coalface’: Catlin
He also told this publication that Convex would not reassemble the Catlin Group team.
Adam McNestrie
,
30 April 2019
Catlin and Brand formally launch Convex after $1.8bn raise
Fundraising efforts will continue over the next three months with another close expected to take capital beyond the $2bn mark.
Laura Sanicola
,
30 April 2019
Summit Risk Advisors completes $100mn debt raise
The Florida insurance agency is looking to fund acquisitions with new financing.
Bernard Goyder
,
30 April 2019
Catlin and Brand’s Convex gets A- from AM Best
The new specialty (re)insurer is getting ready to launch, and has been given an A- rating by AM Best.
Christopher Munro
,
30 April 2019
Argo improves on expense ratio amid clash with activist
Argo Group beat earnings expectations with a 12.4 percent increase while also cutting down corporate expenses.
Dan Lukpanov
,
30 April 2019
Rate increases outpacing losses: CNA
Executives are optimistic about the insurer’s ability to drive stronger returns given rate trends.
Bernard Goyder
,
29 April 2019
Axa UK job cuts possible in restructuring
Up to 125 claims-handling positions in Axa UK’s offices could be eliminated.
Samuel Casey
,
29 April 2019
Canopius sets up shop in Australia
The specialty (re)insurer’s new office will be based in Sydney and target SME and reinsurance treaty business.
Anna Sagar
,
29 April 2019
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