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RSA’s London market cull shows that this is not just a story of Lloyd’s woes
The market is also suffering from a concentration in some lines that are severely under-priced.
Adam McNestrie
,
14 November 2018
Nationwide to slash 1,100 jobs
Within P&C, the group’s excess and surplus and specialty business is a focal point for retrenchment.
Adam McNestrie
,
14 November 2018
California wildfires continue to spread
The Camp and Woolsey Fires have now destroyed more than 9,000 buildings.
Rachel Dalton
,
14 November 2018
Wildfires will likely cause record losses: AM Best
The agency predicts losses from 2018 fires will surpass last year’s devastation, and may lead insurers to adjust pricing.
Christie Smythe
,
14 November 2018
Enstar discloses details of Maiden LPT deal
The legacy firm will create a Cayman Islands-based entity capitalized with up to $500mn under the agreement.
Christie Smythe
,
14 November 2018
NatGen buys National Farmers Union Insurance for $43mn
NatGen will gain access to roughly 400 agencies through NFUI.
Marissa Page
,
14 November 2018
Covéa CEO resigns from Scor board of directors
In September, Derez stepped down temporarily from the Scor board.
Laura Sanicola
,
14 November 2018
Axa adds Brexit cover for management liability policies
Axa anticipates claims could arise from regulatory changes as Brexit takes hold.
Marissa Page
,
14 November 2018
Antares partners with Concirrus on marine underwriting
Under the agreement, Antares will adopt Concirrus’ Quest artificial intelligence-based marine platform.
Marissa Page
,
14 November 2018
Three wildfires continue tear across California
The largest fire, Camp, has destroyed 7,746 structures as of 07:00 local time, and threatens 15,500 more as it spreads across 125,000 acres.
Marissa Page
,
14 November 2018
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