Ben Norris
-
CRE Insurance
WTW reports ‘strong’ renewals in corporate segment during second quarter
Willis Towers Watson (WTW) reported “strong” renewals in its corporate broking and risk segment for the second quarter, as hardening…
-
CRE Insurance
Marsh index shows commercial insurance prices up 19% in Q2
The cost of commercial insurance is rising at an increasingly alarming rate for buyers, according to Marsh’s Q2 Global Insurance…
-
Africa
Registration opens for diversity and inclusion festival Dive In
Registration has opened for the risk transfer industry’s Dive In festival of diversity and inclusion (D&I) that has gone virtual…
-
CRE Insurance
Chubb sees average rate increases of about 15% in second quarter
Chubb saw P&C rates increase by 16% in international business and 14% in North America during Q2, as the commercial…
-
BI
FCA business interruption test nears conclusion but ruling not for a few weeks
A landmark court case between the Financial Conduct Authority (FCA) and eight insurers over disputed business interruption (BI) losses in…
-
CRE Insurance
Generali’s profits halve to €774m in H1 as P&C fairs well
Generali’s net result was down 57% in the first half of 2020 to €774m, after booking €226m of investment impairments…
-
BI
RSA’s half-year profit down just 7%
RSA’s pre-tax profits were down 7% in the first half of 2020 to £211m after booking £54m in Covid-19 market…
-
BI
Axis, Markel and Lancashire report mixed results
Axis, Markel and Lancashirehave posted mixed second-quarter and half-year results, as they grapple with varying degrees of Covid-19 underwriting and…
-
CRE Insurance
UK government backs £500m film and TV Covid-19 insurance scheme
The UK government has backed a £500m insurance scheme for the country’s film and TV productions, which have found it…
-
Asia
AXA XL makes appointments to leadership team in Europe and Asia
AXA XL has appointed Bruno Laval as chief distribution officer for Asia and Europe, and regional manager of European markets,…
-
CRE Insurance
Chubb suffers $331m loss in ‘difficult’ second quarter as pandemic claims hit
Chubb fell to a $331m loss during a “difficult” second quarter and posted a P&C combined ratio of 122.3%, predominantly…
-
CRE Insurance
KCC estimates Hurricane Hanna insured losses of $350m
Insured losses from Hurricane Hanna will near $350m, according to an initial estimate from Karen Clark & Company (KCC). KCC’s…
-
CRE Insurance
PartnerRe changes CEO as it falls to $260m Q2 underwriting loss
Emmanuel Clarke is leaving PartnerRe “by mutual agreement” after four years as president and CEO and will be replaced by…
-
Association News
Ferma welcomes Eiopa’s ideas on pan-European pandemic insurance solution
Ferma and other buyer representatives have welcomed a new paper from the European Insurance and Occupational Pensions Authority (Eiopa) that…
-
CRE Risk Management
VW pays almost $10bn in US dieselgate compensation
German car manufacturer Volkswagen (VW) has paid out more than $9.5bn to US consumers who bought diesel cars believing their…
-
CRE Insurance
Cat bonds placed in H1 up 20% on whole of 2019 and pipeline to continue: Aon
Property cat bond issuance in the first half of 2020 is already 20% higher than the whole of 2019 at…
-
CRE Insurance
Insurtech investment gathers pace in Q2 but Covid-19 could affect market, says WTW
Investment in insurtech picked up during second quarter after Covid-19 stalled the market in Q1, according to Willis Towers Watson…
-
Analysis & Opinion
In the Hot Seat: Tracey Skinner, Airmic chair
Tracey Skinner, group insurance director at BT Group, the UK telecommunications group, has long been an active member of Airmic…
-
Association News
Airmic accelerates digital transformation
Airmic had to react quickly to the Covid-19 pandemic, as lockdown in the UK happened while final preparations for its…
-
Association News
All aboard for the Airmic Fest!
Airmic was forced to cancel its annual conference planned for Edinburgh in early June because of the lockdown. The association…