CEO Luke Tanzer talked about the expansion drive as the legacy firm reported a 14.3% RoE for 2023...
Insider in Full: Fears that Baltimore bridge P&C claim could exceed Costa Concordia
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Reinsurers and retro writers will bear the brunt of the claim as signs mount that the collapse of the Francis Scott Key Bridge in Baltimore will become one of the largest losses ever to hit the marine market...
Article / 2 months ago
Reinsurers deny WR Berkley can claim indemnity in $90mn Covid case
The firms say no “single aggregating event” caused the losses....
The firms say no “single aggregating event” caused the losses....
Article / 3 months ago
Insider in full: Supply-chain cost pressure still front of mind for insurers
Fragile supply chains are driving up costs.
Fragile supply chains are driving up costs.
Article / 3 months ago
Policyholders welcome latest Covid BI ruling in Liberty Mutual case
The court gave a mixed ruling on subjects including coverage, aggregation and furlough....
The court gave a mixed ruling on subjects including coverage, aggregation and furlough....
Article / 3 months ago
Parsyl increases cargo capacity to $55mn
Supply chain insurer Parsyl has more than doubled the capacity it offers through its Essential Consortium to $55mn, making it one of the largest cargo-only consortiums at Lloyd's....
Supply chain insurer Parsyl has more than doubled the capacity it offers through its Essential Consortium to $55mn, making it one of the largest cargo-only consortiums at Lloyd's....
Article / 4 months ago
Stonegate settles Covid BI appeal with MS Amlin, Liberty and Zurich
Pub company Stonegate has settled its appeal in its Covid-19 business interruption litigation with insurers on undisclosed terms...
Pub company Stonegate has settled its appeal in its Covid-19 business interruption litigation with insurers on undisclosed terms...
Article / 6 months ago
Covid BI trial against Liberty Mutual a crucial test of denial of access pushback
Several BI cases involving Liberty Mutual are set to be heard together in the coming days to examine the last major coverage point under dispute, namely...
Several BI cases involving Liberty Mutual are set to be heard together in the coming days to examine the last major coverage point under dispute, namely...
Article / 7 months ago
HDI Global, RSA and QIC Europe among eight insurers named in 25 new BI cases
Several insurers have been named in a new wave of business interruption (BI) legal cases launched in the UK High Courts over the last month....
Several insurers have been named in a new wave of business interruption (BI) legal cases launched in the UK High Courts over the last month....
Article / 8 months ago
Fatal Marathon Petroleum fire in Texas threatens major downstream BI claim
The downstream energy market is braced for a sizable business interruption (BI) claim stretching into the hundreds of millions of dollars following a fatal fire at...
The downstream energy market is braced for a sizable business interruption (BI) claim stretching into the hundreds of millions of dollars following a fatal fire at...
Article / 11 months ago
Mexican restaurant chain Wahaca sues QIC Europe over Covid BI coverage
Mexican restaurant chain Wahaca has commenced legal proceedings against QIC Europe in the latest Covid-19 BI dispute hinging on claims aggregation....
Mexican restaurant chain Wahaca has commenced legal proceedings against QIC Europe in the latest Covid-19 BI dispute hinging on claims aggregation....
Article / 11 months ago