-
David Turner previously spent more than 30 years at Amlin. -
Errors and omissions claims made up 55% of all notifications, continuing a five-year trend.
-
Although US pricing is improving there is pressure in other geographies.
-
The firm believes UK support for policyholders is under-served compared with the US.
-
SRCC exposures are being studied more closely but fixing aggregation issues is a challenge.
-
Air India has a multi-year insurance arrangement in place.
-
Allstate attributed the bulk of its losses to three major wind and hail events.
-
The Beazley CUO said geopolitics would determine cyber market pricing.
-
Coverage has broadened while limits have increased, the broker said.
-
Western insurers do not insure Iranian risks, with the country subject to sanctions.
-
This is up from last year’s $1bn protection for its Florida treaty.
-
There is the prospect of fragmented appeals and uncertainties around reinsurance recoveries.
