Content from L.S. Howard
Reinsurers Will Seek More Rate Hikes After ‘Good’ January Renewals: S&P
Global property and casualty reinsurers saw "good" rate increases during the January 2021 renewals but they came up short of a hard market, dashing reinsurers' hope of a strong start for 2021, ...
Willis Towers Watson CEO Pledges Merger With Aon on Track for H1 2021
The merger of Aon with Willis Towers Watson is on course to close in the first half of 2021, said John Haley, Willis Towers Watson's chief executive. "In March of last year when we first announced ...
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court's ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 ...
BI Innovation Coming Soon: Low-Limit Policies From InsurTech Thimble
See a need and then fill it. That's the secret of most successful businesses—and that was the driving motivator of InsurTech Thimble, which is currently working on coverage for small business ...
Aon Says $30B Acquisition of Willis Towers Watson Remains on Track Despite EU Probe
Aon plc confirmed that the European Commission (EC) has initiated a review of the company's proposed $30 billion bid for Willis Towers Watson. Aon said the Phase II review is a common next step "for ...
Lloyd’s Takes Step to End Insurance and Investments in Coal
The Lloyd's market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to ...
Climate Change Poses Much Greater Existential Risk for the World Than COVID-19
Similar to the COVID-19 pandemic, climate change ultimately will be managed by "bending the curve" of temperature rises and greenhouse gas emissions, according to Rowan Douglas, Head of Climate and ...
New Capital Unlikely to Immediately Soften Rates: Vantage Risk CEO
Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn't too concerned about the new capital that has been pouring into the market this year, and its ...