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Twia estimates Beryl preliminary loss at $400mn
The board of directors has voted for a 10% rate hike.
Jai Singh
,
07 August 2024
Lloyd’s says further BP2 updates expected by end of August
Market-wide testing is not expected to start until late Q4 this year or Q1 2025.
Fiona Robertson
,
07 August 2024
Daily Digest: Top news from 7 August
A roundup of all the news you need today, including AM Best’s upgrade of Lloyd’s FSR.
Insurance Insider team
,
07 August 2024
IGI Q2 CoR slips 7.7 points to 81.2% after more active cat phase
IGI’s reinsurance unit lifted underwriting profits but short-tail specialty dropped year-on-year.
Insurance Insider team
,
07 August 2024
Fidelis’ Pine Walk platform launches renewables MGA
It will be led by Valeria Del Villano, who was head of international renewables at AIG.
Ayesha Venkataraman
,
07 August 2024
‘We’ve taken a foot off the gas’ in casualty: Hiscox’s Hussain
Hussain said the firm’s exposure to the CrowdStrike losses was “immaterial”.
Abbie Day
,
07 August 2024
Global H1 insured nat cat losses exceed 10-year average: Swiss Re
Severe thunderstorms, mainly in the US, accounted for 70% of insured losses globally.
Ayesha Venkataraman
,
07 August 2024
Specialty digital trading proliferates but caution urged on connections
The market is warned to think about overall ecosystem interactions rather than “digitalising by stealth”.
Stephanie Denton
,
07 August 2024
Hiscox posts 7.1% increase on H1 profit to $284mn
Hiscox said in its big-ticket businesses, “positive market conditions have persisted”.
Abbie Day
,
07 August 2024
James River will file motion to dismiss Fleming suit over JRG Re sale
James River will also oppose a Fleming motion to uncover additional documents.
Jairo Ibarra
,
06 August 2024
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