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IAG served with shareholder class action over BI disclosures

The carrier said that it intends to defend the proceeding.

Luke Harrison, 01 August 2022
BHSI hires Liberty’s Ferrari for transactional liability role

Nicholas Ferrari will be based in Sydney and head up transactional liability in Australasia.

Luke Harrison, 01 August 2022
Carriers weigh up the costs and benefits of inflation

(Re)insurers have used Q2 reports to reassure investors of their proactive approach to inflation – and stress some of the longer-term benefits.

Rachel Dalton, 01 August 2022
Caribbean Catastrophe Risk Insurance Facility increases coverage to $1.2bn

The government-backed disaster insurance facility offered discounts to its members that increased their tropical cyclone and earthquake coverage from last year.

Aisling Finn, 29 July 2022
B3i confirms bankruptcy after funding round failure

The industry initiative around blockchain has filed for insolvency under Swiss law and ceased trading.

Marcel Le Gouais, 29 July 2022
AM Best puts Fidelis rating under review with negative implications

The move follows plans for a restructure of the carrier into a separate MGU and balance sheet.

Aisling Finn, 29 July 2022
Helvetia promotes SVP Bizet to head of LatAm and Caribbean

Sources said Bizet will succeed Ricardo Garcia, who will assume a senior expert role in the company prior to his retirement next year.

Jairo Ibarra, 29 July 2022
Performance in GFC poor guide to potential 2022 recession: Aon

The broker said inflation should positively impact its ability to navigate another recession.

Aisling Finn, 29 July 2022
BHSI to hire Axis construction underwriter Smith

BHSI’s appointment of Ian Smith comes after several senior changes within the construction market.

Luke Harrison, 29 July 2022
FCA eyes progress on climate reporting, warns of misleading net-zero plans

The Financial Conduct Authority and Financial Reporting Council have published two reports on findings from a review of listed firms’ climate disclosures.

Marcel Le Gouais, 29 July 2022

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