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Reinsurance capacity has largely bounced back from an initial Covid-19 hit, but the ILS segment remains more disrupted. -
If passed, the proposed law would introduce a presumption of coverage for coronavirus losses.
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The renewal rights agreement for the upper middle market personal lines segment reflects AIG’s focus on the high-net-worth policyholders.
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The FCA test case for Covid BI claims could have huge implications for insurers.
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An influx of underwriting capacity will likely limit the extent to which reinsurance rates rise, the agency said.
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Syndicate 2358 may target lines such as cyber or terrorism.
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People moves in the ILS marketplace.
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Bond spreads settled at the lower end of the revised guidance.
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The Florida Senator says tackling legal fees is a priority as demand for reform grows – but it will take time to implement.
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Earlier this week, Guatemala received a $3.6mn payout for losses incurred from tropical storms Amanda and Cristobal.
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Covid-19 claims could make the year the most expensive on record, the broker warns.
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In its complaint Citizens accuses Strems Law Firm of “egregious dilatory tactics”.
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