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Citizens recommends 8.2% rate hike for 2019
The recommendation follows a 6.6 percent increase that was approved for this year.
Christopher Munro
,
12 December 2018
Axa XL promotes Chokshi, hires Smid as E&S leaders
Chokshi takes over leading the binding authority and brokerage business from Karl Fischbach.
Laura Sanicola
,
12 December 2018
Crichton joins Blanch’s growing Coin Re platform
New broker start-up Coin Re has brought in property reinsurance veteran Andy Crichton to its growing team.
Sofia Geraghty
,
11 December 2018
Willis appoints North American construction head
Bill Creedon returns to Willis, where he previously spent eight years in various leadership roles.
11 December 2018
Wildfire losses for 2018 could top $20bn: CoreLogic
The November wildfires alone are expected to cost anywhere from $15bn to $19bn.
Marissa Page
,
11 December 2018
Starr gains Brazil aviation licence
The carrier will underwrite risks including hull and liability, airport liability and product liability.
John Hewitt Jones
,
11 December 2018
R&Q’s Global US purchase delayed to 2019
Regulatory approval for the $80.5mn deal is expected early next year.
Bernard Goyder
,
11 December 2018
QBE jettisons Puerto Rico, Philippines and Indonesia units
News of the divestments coincides with a programme to shave $200mn off costs by 2021.
John Hewitt Jones
,
11 December 2018
Lloyd's says Decile 10 combined ratios will fall 26 points
Market premium is also projected to shrink 5 percent as a result of performance drive
Catrin Shi
,
11 December 2018
Lloyd’s to pilot light-touch oversight for top performers
A group of high-performing syndicates will help draw up a framework for a more hands-off approach to Lloyd’s oversight.
Catrin Shi
,
11 December 2018
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