Beazley says Covid-19 losses to reach $170m after reinsurance
Beazley, the specialist Lloyd’s focused insurance and reinsurance underwriting business, has revealed an expected Covid-19 claims burden of $170 million,.. Read More
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Hannover Re withdraws 2020 profit guidance on Covid-19
Germany headquartered reinsurance firm Hannover Re has withdrawn its profit guidance for 2020 due to the uncertainty over claims from,.. Read More
Fronting start-up Obsidian hires program specialist Larkin as CUO
Fronting insurance holding company Obsidian has announced the hiring of program underwriting specialist Dan Larkin as the firms new Chief,.. Read More
TigerRisk takes strategic PE investment from Flexpoint Ford
TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, is targeting accelerated and growth has taken a,.. Read More
Manufacturing & Distribution Risk Considerations in Response to COVID-19 | Scott Insurance
The COVID-19 pandemic has created a crisis globally and manufacturing and distribution (M&D) companies are responding to the challenge in,.. Read More
ILS funds marking some positions for potential Covid-19 exposure
A number of insurance-linked securities (ILS) fund managers have proactively marked-down some collateralised reinsurance positions, seeing a risk of potential,.. Read More
Travelers result dented by Covid-19, catastrophes & Tennessee tornadoes
U.S. primary insurer Travelers has reported a decline in its first-quarter net income, with the major dent to the result,.. Read More
Alternative reinsurance capital returned to growth in Q4 2019: Aon
Alternative reinsurance capital, for deployment into insurance-linked securities (ILS), collateralised contracts and catastrophe bonds, returned to outright growth in the,.. Read More
Covid-19 pandemic a "natural disaster" rules Pennsylvania Supreme Court
The Pennsylvania Supreme Court has ruled that the Covid-19 pandemic constitutes a “natural disaster” potentially setting an unwelcome precedent for,.. Read More
Insurance Commissioner Provides a Quick Reminder to Insurance Companies of Their Obligations to Fairly Investigate All Business Interruption Claims Caused by COVID-19 | Property Insurance Coverage Law Blog | Merlin Law Group
“My broker told me….” is a common start to almost every caller who has contacted Merlin Law Group’s California office,.. Read More
Reinsurers should preserve capital, prices to harden at renewals: S&P
Reinsurance companies need to focus on capital preservation in order to offset the impacts in terms of losses and investment,.. Read More
