-
The CEO lays part of the blame for the UK’s Covid-19 BI woes at brokers’ door.
-
The EU’s chief insurance supervisor advocates adding on pandemic to existing national schemes.
-
A Lloyd’s report warns that increasing digitisation makes key infrastructure assets more vulnerable.
-
An underwriting loss at the international segment eclipses a profitable performance from MENA personal lines.
-
The agreement will initially focus on political risk and trade credit, energy and property business, with up to $25mn of capacity per risk.
-
The European (re)insurance supervisor said correlation to financial market risk made the idea a challenging one while reinsurance appetite is also very limited.
-
The CEO said pricing was going up by 10%-30% and that terms were being tightened globally.
-
The body said that government-backed insurance schemes are not always the answer and are complex to establish.
-
The pandemic and natural disasters impacted the result by $178mn.
-
The reinsurance unit of the Spanish group takes a near-EUR80mn full-year hit on the pandemic.
-
The newcomer most recently led Marsh’s property team in Asia, and has also worked at Newline and Cooper Gay.