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RLI ups cat reinsurance by $90mn
CEO Kliethermes says RLI will spend between $5mn and $6mn more on its property reinsurance this year.
John Hewitt Jones
,
25 January 2019
Payback for loss creep will be a big part of pricing models for the foreseeable future
Will “payback” be in vogue in the mid-year renewals?
Fiona Robertson
,
25 January 2019
UK inks post-Brexit insurance pact with Switzerland
The agreement announced at Davos follows last month's bi-lateral deal between the UK and the US.
John Hewitt Jones
,
25 January 2019
PG&E cleared in 2017’s Tubbs Fire
California utility PG&E was cleared of responsibility for 2017’s Tubbs Fire by state officials.
Christie Smythe
,
25 January 2019
Lockton digital broker Mylo raises $28mn
The round was led by Guggenheim Partners.
Marissa Page
,
25 January 2019
Everest Re estimates $695mn cat loss in Q4 2018
The losses are primarily related to Hurricane Michael, the Camp and Woolsey wildfires in California and the December hailstorm in Australia.
Laura Sanicola
,
25 January 2019
Lloyd’s insures missing Cardiff City footballer for £16mn
Cardiff City FC has a £16mn personal accident policy which would cover the missing footballer Emiliano Sala.
Bernard Goyder
,
24 January 2019
Saacke to leave Qatar Re
The CEO and executive director will step down later in 2019.
Catrin Shi
,
24 January 2019
Sturdy and Reith in talks to create Abu Dhabi MGA
The London market pair are negotiating with Abu Dhabi royals about a joint venture.
Adam McNestrie
,
24 January 2019
Brazilian regulator probes aviation (re)insurance market
The probe mirrors the investigation started by the UK’s FCA in 2017 which was taken over by the European Commission that same year.
John Hewitt Jones
,
24 January 2019
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