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Covid BI aggregation win for insurers as PizzaExpress £260mn claim rejected
Individual Covid BI cases continue to roll through the courts, with several major decisions.
Samuel Casey
,
30 May 2023
Met Office predicts above-normal Atlantic hurricane activity for 2023
The forecaster is predicting there could be as many as 14 hurricanes in the North Atlantic between June and November.
Aisling Finn
,
30 May 2023
Guy Carpenter to acquire Israeli reinsurance broker Re Solutions
Re Solution CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.
Abbie Day
,
30 May 2023
Verisk acquires Morning Data in move to bolster solutions for brokers and MGAs
Verisk said the deal will expand its data and technology solutions for straight-through processing and distribution to a growing market of SME brokers, coverholders and MGAs.
Marcel Le Gouais
,
30 May 2023
Scor appoints Varenne as Group CFO and deputy CEO
Varenne was previously interim CEO and group COO of Scor.
Aisling Finn
,
30 May 2023
NZIA exodus continues as Tokio Marine, Mapfre, MS&AD, Catalana Occidente pull out
A string of insurers has abandoned the alliance after Munich Re announced its departure at the end of March.
Samuel Casey
,
30 May 2023
Talanx buys Liberty Mutual Latin American entities for EUR1.38bn
Talanx said the transaction will make the company the third-largest P&C insurer in Latin America.
Samuel Casey
,
30 May 2023
Downstream shows signs of deceleration as big limits renew at 1.6 and 1.7
Capacity and competition are limiting underwriters’ ability to continue pushing for double-digit rises.
Samuel Casey
,
30 May 2023
Hiscox names ex-Prudential CEO Bloomer chair designate as Childs retires
The carrier announced in March that Robert Childs was retiring after more than three decades at the company.
Samuel Casey
,
30 May 2023
Lloyd’s withdraws from NZIA after carrier exodus
The Corporation’s exit is the latest blow to the alliance and the announcement comes just hours after Sompo and QBE became the eighth and ninth firms to leave the initiative.
Jairo Ibarra
,
26 May 2023
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