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Both companies secure more than 95% shareholder support for the transaction. -
The country’s economy minister predicts the 2,500 claims received so far could quadruple to 10,000.
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Proposed plans could open up new routes to Lloyd's for investors, but will there be space for them?
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The (re)insurance supervisor calls for “skin in the game” from all risk owners to reduce the risk of moral hazard arising from any state backstop.
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Previous European cat bonds issued out of Ireland were done on a one-off basis.
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Regulators have remained responsive despite the Covid-19 pandemic, according to the Obsidian CEO.
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The carrier’s plan would provide up to $750bn in pandemic cover for small businesses and $400bn for large enterprises.
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The FCA test case for Covid BI claims could have huge implications for insurers.
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The group says Stephen Catlin’s steering group needs to go further.
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Campaigners say ‘Totus Re’ model based on pools for terror and flood could close protection gap.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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Aon's Julie Page, Marsh's Chris Lay, former Home Secretary Amber Rudd, and ABI chair and Allianz UK chief Jon Dye join the initiative.
