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Celebrity chefs discuss Covid-19 BI cover with Trump

The president recognised that some policies have virus exclusions while others do not.

Coronavirus unlikely to hinder 1.4 and 1.6: AM Best

The ratings agency said global reinsurers are well capitalized and that it expects policy exclusions to hold up.

EU urges insurers to halt dividends and stock buybacks amid pandemic

The agency also asked carriers to be conservative on executive pay as the Covid-19 crisis continues.

Miller sale put on ice amid Covid-19 uncertainty

Process paused as market turmoil challenges debt markets and undermines due diligence.

• Coronavirus unlikely to reverse aviation pricing: AJG
• Six Florida insurers avoided downgrades by merging ‘out of existence’: Demotech
• Greenlight Re abandons sale plans to remain independent
• TMK Syndicate 510 back in black with 90% COR
• Reserve charges, large loss pushes Travelers syndicate to 136% COR
• Convex hires LSM’s Sankey to expand downstream energy

Opinion

The Covid-19 exclusion clashes are a harbinger of the vexed client discussions we are about to see everywhere

There is growing discussion around whether Covid-19 could birth a new standalone class

If Covea chooses to engage in brinksmanship over PartnerRe, it will be a test of Exor’s nerve

Covid-19 could provide a tailwind in a pivotal year for Lloyd’s future profitability

In Brief

Willis hires Elefant to lead tax insurance operation

Munich Re Specialty Group hires Asia head from Ironshore

Perils puts UK February flood losses at £297mn

Newman Pearce hires international facilities lead

Nexus broking arm completes Howden UK trade credit deal

Everest Insurance appoints Sompo’s Lodge as CFO

Analysis

Losses in reinsurance, casualty, aviation & marine: Lloyd’s 2019 results by line

Remedial actions start to bear fruit in primary property.

The story of the coronavirus market rout in charts

The Insider 50 has fallen 39 percent since the end of January.

Japanese wind deals show rate rises of 35-55%

Despite major increases reinsurers seem underwhelmed by the scale of the re-rating.

Lloyd’s 2019 results: A look ahead

The public disclosures from Lloyd’s players give an indication of the direction of travel for market performance.

Career changes lead to a shakeup in the D&O Rankings

Two professionals win the underwriter rankings and RKH Specialty’s Jason Rose climbs to the top of the broker podium.

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