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PG&E bankruptcy will be 'credit negative' for carriers: Moody’s
PG&E estimates that its liabilities to insurers and wildfires could exceed $30bn.
Marissa Page
,
25 January 2019
Howden buys CIMB out of Malaysian brokerage
The Hyperion subsidiary is to buy the outstanding 51 percent of the joint venture
Rachel Dalton
,
25 January 2019
Chaucer London treaty head Blight leaves
The casualty specialist calls time after more than a decade at the carrier.
Rachel Dalton
,
25 January 2019
Lemonade ‘screwed up an entire quarter’
Shai Wininger and Daniel Schreiber's InsurTech reports a significant loss-ratio improvement, as Q4 premiums fall quarter on quarter.
Bernard Goyder
,
25 January 2019
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
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