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Brit leads event cancellation cover for $12mn Taylor Swift Vienna loss
The Eras tour has additional coverage in place to cover cancellation for PVT perils.
Samuel Casey
,
19 August 2024
ILS returns down in H1 but remain at high levels: AM Best
Returns were down on 2023, which benefited from favourable Ian loss development.
Jai Singh
,
19 August 2024
Floods lead to doubling of annual insured losses in Australia: ICA
Rising premium income is not keeping pace with the increased cost of claims.
Samuel Casey
,
19 August 2024
Daily Digest: Top news from 19 August
A roundup of all the news you need today, including an insured loss estimate following the cancellation of three Taylor Swift concerts in Vienna.
Insurance Insider team
,
19 August 2024
Suncorp reports reinsurance recoveries of A$135mn
Nat cat events triggered A$1.23bn of losses during the year.
Abbie Day
,
19 August 2024
Rokstone lands capacity from Accredited
The deal covers US and international business.
Rachel Dalton
,
19 August 2024
Ernesto makes landfall in Bermuda, though major damage is limited
The storm made landfall on Saturday as a Category 1 hurricane.
Abbie Day
,
19 August 2024
Lloyd’s writers expected to cut back 2025 top-line ambitions as rates plateau
However, some syndicates are planning more significant growth following hires or strategic shifts.
Fiona Robertson
,
19 August 2024
NHC warns of flooding as Ernesto approaches Bermuda
Ernesto’s maximum sustained winds have reached 100 mph.
Abbie Day
,
16 August 2024
Ryan Specialty and Ascot descope Ethos deal to exclude TL unit
Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
Jairo Ibarra
,
16 August 2024
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