Bermuda-based reinsurer Conduit Re secured risk-adjusted rate changes of 39% across its property reinsura...
QBE creates Client Proposition team and appoints Matt Lacy as Director
The Client Proposition team brings together multiple specialisms under one leadership structure, and is part of QBE’s drive to further enhance its client offering and deliver a market-leading service.
The Client Proposition team brings together multiple specialisms under one leadership structure, and is part of QBE’s drive to further enhance its client offering and deliver a market-leading service.
PR / 4 hours ago
NotPetya Triggers War Exclusion, Insurers Tell NJ Panel - Law360
Property policies' war exclusions were designed to apply to any type of nation-state attack, including cyber events, insurers told a New Jersey appellate panel Wednesday in a battle over whether Merck has coverage for $1.4 billion in losses stemming from the 2017 NotPetya cyberattack.
Property policies' war exclusions were designed to apply to any type of nation-state attack, including cyber events, insurers told a New Jersey appellate panel Wednesday in a battle over whether Merck has coverage for $1.4 billion in losses stemming from the 2017 NotPetya cyberattack.
law360.com /
Article / 4 hours ago
Everest Re looked to capitalise on “robust” property market at 1/1
Everest Re, the Bermuda-headquartered global insurance and reinsurance firm, has said that it achieved what it sees as an “excellent outcome” from the...
Everest Re, the Bermuda-headquartered global insurance and reinsurance firm, has said that it achieved what it sees as an “excellent outcome” from the...
Article / 5 hours ago
Swiss Re's property and specialty head Mitchell to exit as new org structure rolled out
Long-serving Swiss Re executive Mike Mitchell has signalled his intention to retire from the reinsurer following the mid-year renewals after 35 years with the...
Long-serving Swiss Re executive Mike Mitchell has signalled his intention to retire from the reinsurer following the mid-year renewals after 35 years with the...
Article / 21 hours ago
Property and cyber markets must get on same page to prevent cover 'gap' for cyber-related physical losses
Confusion around cyber exclusions may have stemmed from Lloyd's clampdown on clearly defining physical and intangible risks.
Confusion around cyber exclusions may have stemmed from Lloyd's clampdown on clearly defining physical and intangible risks.
Article / 1 day ago
Building a safer future: the courts set the direction for fire safety cases
The Grenfell tragedy in 2017 has prompted safety investigations in myriad buildings across the UK, with owners and occupiers questioning whether other...
The Grenfell tragedy in 2017 has prompted safety investigations in myriad buildings across the UK, with owners and occupiers questioning whether other...
Article / 2 days ago
Dramatic fire at restaurant captured on video - BBC
Managers thank staff for putting out the fire after it broke out at Caffe Milano in Birmingham...
Managers thank staff for putting out the fire after it broke out at Caffe Milano in Birmingham...
bbc.com /
Article / 2 days ago
Hard cat market risks eroding value of insurance, warns leading broker
Focus on retentions and terms could create real problems for buyers...
Focus on retentions and terms could create real problems for buyers...
Article / 3 days ago
Is it the end of the line for property insurance commissions on multioccupancy buildings?
The UK government has indicated its intention to ban managing agents and freeholders from taking commissions when arranging buildings insurance...
The UK government has indicated its intention to ban managing agents and freeholders from taking commissions when arranging buildings insurance...
Article / 6 days ago
Chart: Guy Carpenter Global Property Catastrophe Rate on Line index, 2000-2023
The Guy Carpenter Global Rate on Line* (ROL) Index increased 27.5%, primarily driven by pricing and attachment point adjustments in the US and Europe....
The Guy Carpenter Global Rate on Line* (ROL) Index increased 27.5%, primarily driven by pricing and attachment point adjustments in the US and Europe....
Article / 9 days ago
