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Aviation rates rise but manufacturer’s liability concerns linger

While most aviation accounts achieved single-digit rate rises, wordings for manufacturer’s liability policies have loosened.

John Hewitt Jones, 24 July 2018
Tokio Marine HCC lures continental Europe surety chief from Chubb

Luc Reuter takes the position after spending six years in a similar role at Chubb.

John Hewitt Jones, 24 July 2018
Greek wildfires leave 50 dead

The deaths come amid a Europe-wide forest fire crisis, with authorities in Portugal, Spain, Italy, Croatia and Sweden all battling flames.

Bernard Goyder, 24 July 2018
Securities class actions are a big D&O problem

The increase in securities class actions is not a fleeting thing because it is part of a larger shareholder activism movement that has loomed for several years now.

Anthony Baldo, 24 July 2018
Tokio Marine and Intact lead $90mn Metromile financing

Other investors in the Series E round include New Enterprise Associates and Index Ventures.

Bernard Goyder, 24 July 2018
Brown & Brown posts 5.2% gain in adjusted organic revenue

Brown & Brown adjusted organic revenue to reflect a change in accounting this year.

Ted Bunker, 24 July 2018
Excess and surplus premiums hit $15.7bn in first half: SLTX

California, Florida, Texas and New York account for more than three quarters of premiums, which rise over 9 percent.

Anthony Baldo, 24 July 2018
XL Innovate promotes Downer to principal at XL’s venture arm

Downer joined XL Innovate from Goldman Sachs’ alternative investment group.

Ted Bunker, 24 July 2018
Sompo International’s new surety units score AM Best upgrades

The A+ FSR grades given to Lexon and Bond Safeguard reflect their new parent’s backing.

Ted Bunker, 24 July 2018
Irma’s costs rise as the NFIP reports over $1.1bn in payouts

Hurricane Irma’s costs continue to mount after it hit in September.

Ted Bunker, 24 July 2018

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