The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
Insurers are chasing Pacific Gas & Electric (PG&E) for billions of dollars they have paid out in wildfire claims, and the pursuit lays bare how deeply exposed insurers are to the utility’s Chapter 11...
The energy market is closely watching developments on the White Rose oil field off the coast of Canada, with a partial shut-in creating scope for a...
AIG is targeting a full year 2019 underwriting profit as it continues its programme of “major surgery” on troubled lines of business, the carrier’s CFO Mark Lyons said on Tuesday...
Advisory firm Mactavish, which is representing British Steel in a dispute over a £30mn loss, is preparing legal action against the collapsed manufacturer’s insurers.
Losses from 2018’s Typhoon Jebi have already reached $13bn and could ultimately settle between $15bn and $16bn, according to an analyst...
Commercial real estate investor Capital Crossing sued Mapfre for breach of contract for paying just a small proportion of the near-$40mn in claims for properties damaged during Hurricane...
Auto and commercial P&C insurer Integrand has requested voluntary rehabilitation from Puerto Rico’s insurance commissioner as it confronts a capital deficit stemming...
Two Texan wind and hail events caused 70 percent of the insured damage...
Allianz has a maximum exposure of EUR150mn ($168.2mn) to losses arising from the grounding of Boeing 737 Max aircraft, CFO Giulio Terzariol has said...
Directors’ and officers’ (D&O) pricing data released by Aon provides further evidence that pricing is rebounding after several years of rate softening...
