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London market
Coalition appoints Foster as head of London Market underwriting
Matt Foster joins Coalition following an eight-year tenure at Munich Re.
Abbie Day
,
07 October 2024
Digests
Daily Digest: Top news from 7 October
A roundup of all the news you need today, including concerns about the impact of Tropical Storm Milton.
Insurance Insider team
,
07 October 2024
Claims and losses
CoreLogic pegs private insured Helene losses at $6bn-$11bn
The NFIP’s losses are estimated at $4.5bn-$6.5bn.
Rachel Dalton
,
07 October 2024
Reinsurers
‘Erratic’ Milton set for Cat 4 Florida peninsula landfall: NHC
Experts have raised concerns over significant rainfall, record-setting storm surge and lingering Hurricane Helene debris.
Abbie Day
,
07 October 2024
London market
LMA to delve into future of smart-follow underwriting
The market organisation has commissioned Oxbow Partners to discuss implications of the burgeoning segment.
Fiona Robertson
,
07 October 2024
Catastrophe losses
Helene insured losses in ‘higher single-digit billions’: Aon
The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
Abbie Day
,
07 October 2024
London market
Space insurance rates rocket as major losses and capacity contraction hit
Space insurers are running at a near-200% loss ratio after booking losses of over $1bn in 2023.
Rebecca Perkins
,
07 October 2024
London market
Volante looking for capital partners as OTPP scales back
The Canadian pension plan put its Lloyd’s portfolio under review earlier this year.
Liz Bury
,
04 October 2024
London market
Starr inks settlement with AerCap on its $1.2bn aviation war cover
Starr is understood to be one of several carriers to reach an in-principle agreement with AerCap.
Rebecca Perkins
,
04 October 2024
InsurTech
Parametric insurance key for closing $1.8tn protection gap: report
Generali has produced a report with the United Nations Development Programme extolling the virtues of parametric insurance.
Jim Robinson
,
04 October 2024
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