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TMK exits treaty reinsurance following strategic review
Underwriters in both London and Singapore are in discussions with the company.
Catrin Shi
,
11 August 2022
BoE’s Bailey: Market competitiveness ‘depends on regulators’ independence’
In a letter to the Treasury Committee, Bank of England Governor Andrew Bailey said the bank does support proposals to enhance regulatory accountability.
Luke Harrison
,
11 August 2022
QBE international unit’s H1 profit rises 1% to $422mn
Cat claims for the half amounted to $175mn including the impact of the Ukraine conflict.
Rachel Dalton
,
11 August 2022
Zurich posts $2.05bn H1 P&C profit and ‘lowest ever’ combined ratio
Zurich’s P&C business saw H1 business operating profit rise 31.8% on a year ago, with a 91.9% combined ratio for the period.
Aisling Finn
,
11 August 2022
Cyber Re: The litmus test for investor cyber risk appetite
The prospect of a $1bn new cyber reinsurer is a huge development for the market. It is also a brave move.
Catrin Shi
,
11 August 2022
Fairfax-owned RiverStone buys Vermont captive Western P&C
The deal comes a year and a half after the Canadian conglomerate sold the European unit of RiverStone to private equity firm CVC for $750mn.
Jairo Ibarra
,
10 August 2022
Liberty Mutual hits back at hotel BI claim in latest Covid-19 dispute
A steady flow of litigation relating to Covid-19 BI is hitting the courts, despite the completion of the FCA test case last year.
Samuel Casey
,
10 August 2022
WTW lands Marsh’s Wyatt in UK cargo team expansion
The move represents a return to WTW, where the broker spent the beginning of his career.
Samuel Casey
,
10 August 2022
Catastrophe losses
Around 6,000 evacuated in southwestern France as wildfire rages: Reports
The fire is spreading towards the A63 motorway, a major road linking Bordeaux to Spain.
Luke Harrison
,
10 August 2022
TSR lowers hurricane and typhoon activity forecast
The company anticipates a hurricane season close to the 1991-2020 climate norm.
Martha Muir
,
10 August 2022
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