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Insurers claim war is excluded from Nord Stream policies in EUR400mn lawsuit

Insurers claim that damage from the “detonation of an explosive” is also excluded.

Aisling Finn, 18 April 2024
Generali to separate insurance and asset management operations

Giulio Terzariol and Woody Bradford will be CEOs of the insurance and asset management units, respectively.

Aisling Finn, 18 April 2024
Reinsurance hit anticipated as Dubai flooding impact emerges

Insurers in the emirate typically buy low-attaching reinsurance.

Rachel Dalton, 18 April 2024
Additional prop cat demand ‘pronounced’ in Q1: GC’s Klisura

The US casualty market was “challenging”, the executive said.

Samuel Casey, 18 April 2024
NC State researchers expect ‘active’ 2024 hurricane season

Researchers expect 15-20 named storms to form in the Atlantic Basin.

Jai Singh, 18 April 2024
Allstate pegs March pre-tax cat losses at $328mn

This follows February’s cat losses coming in below the $150mn reporting threshold.

Jai Singh, 18 April 2024
Zywave launches new Cyber Quoting platform

Cyber Quoting will connect global cyber insurers and US distributors.

Aisling Finn, 18 April 2024
Marsh McLennan posts 9% organic growth in first quarter

The Q1 figure represents a 2-point acceleration on the 7% reported in Q4 2023.

Samuel Casey, 18 April 2024
S&P takes positive rating action on 62% of issuers under new criteria

A total of 8% of issuers under criteria observation received negative rating actions.

Samuel Casey, 18 April 2024
Macquarie partners with Mosaic for transactional liability coverage

The deal gives follow form binding authority on behalf of syndicates 1609 and 5399.

Samuel Casey, 18 April 2024

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