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Insurance
The insurance provider will shut five of its offices across the US and transition to a hybrid operating model. 1 May 2020
Insurance
The impact to the insurer's underwriting operations from COVID-19 was nearly $50 million. 30 April 2020
Insurance
Investment bank analysts have calculated and explained how the huge insured losses from COVID-19 are likely to pan out for the industry, particular companies and lines, and are affecting already firming prices. Intelligent Insurer reports. 30 April 2020
Insurance
Swiss Re estimated a pre-tax charge of $476m for the property and casualty businesses due to COVID-19. 30 April 2020
Alternative Risk Transfer
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Intelligent Insurer reports. 29 April 2020
Insurance
The company has secured a new equity investment from 777 Partners and Hudson Structured Capital Management. 29 April 2020
Insurance
The executive most recently served as director of global transaction tax at Alvarez and Marsal. 29 April 2020
Insurance
The deal strengthens Allianz's position in Spain's property/casualty insurance market. 28 April 2020
Insurance
A group of over 200 claimants have vowed to force Hiscox to pay disputed business interruption claims related to COVID-19. 27 April 2020
Insurance
The MGA is led by former XL Catlin Asia management Jason Smith and Kin Lau. 24 April 2020
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