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Healthcare liability insurers show caution as Covid-19 spreads

At least one insurer, Chubb, has paused quoting casualty cover for new healthcare clients.

Texas movie theatre chain files suit over Lloyd’s pandemic endorsement

SCGM says that the policy provides coverage because Covid-19 is a variant of SARS.

Broker M&A falls 12% in Q1 ahead of coronavirus: Optis

Acquisitive broker consolidator Acrisure was the busiest buyer of insurance intermediaries in Q1, taking over 18 agencies.

Fitch to stress test rated insurers’ ability to weather Covid-19

The ratings agency says it will review how well insurers can cope with doomsday scenarios.

• McGriff hires 13 producers amid executive risk management revamp
• Lloyd’s makes Benelux appointments after Van Helden exit
• Gore prepares Covid-19 cat claim as Canada BI fears grow
• AIG shares up 8% as (re)insurance stocks rally
• Contingency claims hitting Lloyd’s at ‘alarming rate’: AmWins
• WR Berkley picks former Chubb executive to run workers’ comp unit

Opinion

Coronavirus will pay a reputational dividend to some firms and impose a tax on others

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

In Brief

BHSI makes insider German healthcare underwriting head

BMS takes property fac leader from Guy Carpenter

Marsh makes insider new multinational client service leader

AM Best puts Pure on positive outlook following Tokio Marine deal

Gard selects Windward as marine data provider

Dale Underwriting appoints Ramage to board

Analysis

Scale of Insider 50 drop may point to bankruptcy risk being priced in

The index recorded its biggest ever monthly loss in March as all stocks tumbled bar outlier RLI.

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.

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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