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Aon slashes cost of finished litigation by $200mn

Estimated losses in Q2 related to the closed legal action were trimmed by the broker to $100mn from $300mn.

Bernard Goyder, 01 August 2018
Travelers asks court to reconsider landmark cyber limits ruling

An earlier appeals court ruling said Travelers policy covers fraud by email.

Laura Sanicola, 01 August 2018
NFIP wins 4-month extension as Senate passes reform-free bill

The measure pushes the funding deadline past mid-term elections, which may doom reforms.

Ted Bunker, 31 July 2018
Pollen Street Capital backs Poland's BIK

The UK PE firm bought stock held by Syntaxis Capital and founding shareholders.

John Hewitt Jones, 31 July 2018
Q2 begins with beats but fundamentals remain mixed

Early reporters paint a picture of an orderly market in transition.

Gavin Davis, 31 July 2018
Arch and Primary Group back McNamee’s C-Quence

The start-up will initially focus on management liability lines in the UK and Ireland.

Bernard Goyder, 31 July 2018
Property leads Q2 rate rises

Property cat reinsurance rate rises still lag behind those of primary insurance, executives said during Q2 conference calls.

Rachel Dalton, 31 July 2018
Execs field talc exposure enquiries during company earnings

The Hartford, Travelers and Chubb were questioned about talc exposures this earnings season following a court ruling against Johnson & Johnson.

Laura Sanicola, 31 July 2018
HMRC moves on insurance services VAT loophole

The HMRC proposal would restrict VAT recoveries that are currently permitted for insurance services providers supplying carriers located outside the EU but serving UK clients.

Laura Board, 31 July 2018
Interest increases in separate IP risk coverage: Willis

Only 7 percent of those surveyed buy insurance for intellectual property litigation risk now but one-third would do so in the future, the broker found.

Anthony Baldo, 31 July 2018

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