Insurance Insider | Slipcase – (re)insurance industry news

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.

Perils cuts February 2020 UK winter flood cost to £368mn

Perils has estimated the cost of the February floods in the UK caused by storms Ciara, Dennis and Jorge to be £368mn ($519.4mn)...

Insurance Insider / Article / 15 hours ago
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Claims & Losses Property - UK

Treaty reinsurers to bear brunt of $350mn Golden Ray deterioration

Treaty reinsurers are set to face heightened losses after the International Group (IG) of P&I clubs has...

Insurance Insider / Article / 17 hours ago
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Claims & Losses Marine Hull

Global Aerospace leads United Airlines and Pratt & Whitney policies

Global Aerospace faces potential claims on both the United Airlines all-risks policy and the product liability programme for...

Insurance Insider / Article / 2 days ago
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Aerospace Casualty

Vaccine ‘game changer’ for pandemic BI products: Carnegie-Brown

Lloyd’s chairman Bruce Carnegie-Brown has said that Covid-19 vaccines...

Insurance Insider / Article / 2 days ago
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Claims & Losses Covid-19 (Coronavirus)

London property binders braced for complex Texas Big Freeze loss

The London binders market is facing a potentially substantial loss from the Texas Big Freeze...

Insurance Insider / Article / 3 days ago
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Claims & Losses Parametrics

Divided opinions on Big Freeze loss potential

Some pointed to low average costs to fix burst pipe claims, while others warned that BI could drive up losses...

Insurance Insider / Article / 3 days ago
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Casualty Claims & Losses

United Airlines engine failure threatens Pratt & Whitney product liability policy

An engine failure from a United Airlines flight over the weekend could possibly lead to a grounding loss for engine manufacturer Pratt & Whitney and further...

Insurance Insider / Article / 4 days ago
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Aerospace Claims & Losses

Hiscox London Market: The talent challenge

We assess the hurdles facing the marquee specialty insurance franchise, including staff retention and the fallout from the UK BI saga...

Insurance Insider / Article / 8 days ago
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Casualty Claims & Losses

Texas snowstorm losses likely to exceed $10bn: KCC

Claims from a historic winter storm that has brought record cold temperatures...

Insurance Insider / Article / 8 days ago
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Claims & Losses Parametrics

QBE NA falls to $616mn FY underwriting loss, takes $100mn H2 reserve charge

QBE’s North American unit again reported an underwriting loss during 2020 as the division took a hit from higher catastrophe losses and Covid-19 claims...

Insurance Insider / Article / 8 days ago
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Claims & Losses Covid-19 (Coronavirus)