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Updated: 47 min 19 sec ago

Newly public IGI's business 'upended' by COVID-19 turmoil

15 May, 2020 - 14:37
CEO Waleed Jabsheh is 'optimistic' about the business outlook having improved its GWP and combined ratio in the first quarter.

Re/insurers urged to uphold Monte Carlo dates to ‘protect soul’ of industry

15 May, 2020 - 13:08
Events such as Monte Carlo and Baden-Baden ‘go way beyond being an opportunity to meet and entertain’.

AmWINS unveils new umbrella policy to tackle silent cyber

15 May, 2020 - 13:06
The policy is designed to fill gaps in coverage resulting from silent cyber incidents.

AXA adopts 'payer to partner' strategy as it prepares for post-COVID-19 rebound

15 May, 2020 - 11:02
The insurer has formed a strategic partnership with French multinational hospitality company Accor.

Rating agencies react after $9bn PartnerRe-Covéa deal breaks up

15 May, 2020 - 10:43
Fitch has removed 'rating watch positive and turned a negative outlook, while AM Best has taken PartnerRe off review following the sale collapse.

Skuld sees first negative technical result in 16 years due to large claims

15 May, 2020 - 09:49
The insurer was also hit by one-off costs associated with the closure of Skuld’s Lloyd’s syndicate 1897.

Insurtech Envelop Risk secures Series A funding from AIC and MS Amlin

15 May, 2020 - 09:12
Envelop Risk will deploy the funds to grow cyber and specialty re/insurance business in London and Bermuda.

Liberty Mutual Q1 profits slip due to COVID-19 market volatility

15 May, 2020 - 09:07
The company is 'confident' to withstand the crisis despite the challenges and uncertainties.

Sirius to go ahead with sale process; takes $140m COVID-19 hit in Q1

14 May, 2020 - 14:54
CEO says the group has set reserves for the estimated ultimate losses associated with the pandemic.

Aviva completes £350m bulk annuity deal

14 May, 2020 - 14:32
The deal with the Trustee of the Co-operative Pension Scheme follows a £1bn transaction earlier this year.

Generali partners with insurtech Descartes on parametric insurance

14 May, 2020 - 14:31
The partnership aims to develop new parametric solutions to actively respond to an evolving risk landscape.

Lockton Re hires Aon exec to drive workers compensation practice

14 May, 2020 - 13:26
The appointee will lead the buildout of Lockton Re workers’ compensation practice in the US.

Lloyd's mulls Recover Re for pandemic recovery; sets aside £15m seed capital

14 May, 2020 - 12:51
The specialist re/insurance market is planning a 'longer-term exit strategy' including a series of initiatives.

Zurich's 'solid' Q1 performance weighed down by COVID-19 P&C claims

14 May, 2020 - 11:04
The insurer's gross written premiums rose, but the P&C claims related to COVID-19 for the year could total around $750m.

Antares head of specialty steps down; successor revealed

14 May, 2020 - 11:00
The company looks to strategically expand its specialty offering in the Lloyd’s market with the backing of QIC Global.

Allianz reveals new chief risk officer

14 May, 2020 - 10:50
The executive will oversee risk function at both Allianz Holdings and Allianz Insurance

Catalina hires Munich Re asset management CEO to oversee group investment function

14 May, 2020 - 10:21
The executive was most recently chief executive officer of MEAG, the asset manager for Munich Re.

Lloyd's CEO Neal: COVID-19 will challenge insurance industry as never before

14 May, 2020 - 09:34
Lloyd’s estimates record $4.3bn COVID-19 loss, total projected loss to the insurance industry at $203bn in 2020 alone.

RGAX partners with insurtech Socotra to develop life insurance products

14 May, 2020 - 08:51
The partnership aims to expand and transform the life insurance ecosystem.

AXA appoints audit committee chairwoman

14 May, 2020 - 08:50
Stefan Lippe, director of the company and chairman of AXA's audit committee, has passed away.

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