Storm Christoph could cost insurers between £80mn and £120mn ($109mn and $164mn), according to a PwC estimate...
- Insurance Insider / Article / 1 month ago
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Loss-index compiler Cresta said five cat events outside the US in 2020 generated insurance losses...
- Insurance Insider / Article / 2 months ago
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TMHCC swoops on Axis to build delegated property team
Tokio Marine HCC has hired a team of four underwriters and claims handlers from Axis to work as part of the delegated property team...
- Insurance Insider / Article / 5 months ago
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Property rate environment ‘isn’t near where it needs to be’: Ascot’s Zaffino
Ascot Group president Jonathan Zaffino has said that some parts of the (re)insurance market still have more rate hardening ahead, as underwriters push for rate adequacy...
- Insurance Insider / Article / 5 months ago
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FCA BI case: A verdict, not an outcome
There has been such a huge build-up to the verdict in the FCA BI test case tomorrow, and there is so much riding on it, that there is a palpable hunger on all sides for certainty...
- Insurance Insider / Article / 5 months ago
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Lloyd’s UK Covid BI impact would be ‘low hundreds of millions’
Lloyd’s is expecting losses in the “low hundreds of millions” of pounds if the outcome of the Financial Conduct Authority’s (FCA) BI test case goes against the (re)insurance industry...
- Insurance Insider / Article / 6 months ago
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Lockton hit with High Court lawsuit over property policy ‘forgery’: report
Lockton is the target of a High Court lawsuit accusing the broker of forging documents and emails to deceive a client and retain a lucrative relationship with Axa, according to the Financial Times...
- Insurance Insider / Article / 6 months ago
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Guy Carp wins Aviva account from Willis Re after Neale defection
Guy Carpenter will become lead reinsurance broker for Aviva’s property account, replacing Willis Re, in the first major sign that staff raids since the Aon deal are bearing fruit, Insurance Insider can reveal...
- Insurance Insider / Article / 7 months ago
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Perils lifts Ciara/Sabine windstorm loss forecast to EUR1.61bn
Insured losses from Storm Ciara/Sabine, which struck the UK and Europe in February, are expected to come in at about EUR1.61bn ($1.82bn), according to Zurich-based loss aggregator Perils...
- Insurance Insider / Article / 7 months ago
- insuranceinsider.com
With the court hearing for the Financial Conduct Authority’s (FCA) test case for BI pandemic cover now at a close, the ruling which judges return in the autumn is likely to be one of the most important findings in insurance law for a generation...
- Insurance Insider / Article / 7 months ago
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