International
Aon and Praedicat Will Jointly Focus on Product Liability Risks
Aon said it would collaborate with analytics company Praedicat on developing a range of specialist liability reinsurance products and services that address product liability risks including ...
Lloyd’s Will Re-Open London Underwriting Room, Offices on May 17
Lloyd's said it plans to re-open its London underwriting room and corporation offices on May 17. The specialist insurance and reinsurance market explained in its Feb. 26 announcement that the opening ...
Executives On The Move at CNA, Ascot and Grange Insurance
CNA appointed a new head of its Small Business arm. Ascot picked an executive to lead its operations in Bermuda. Grange Insurance appointed a new board member.
A Post-Merger SiriusPoint Makes Its Debut
SiriusPoint Ltd., a Bermuda-based international specialty insurance and reinsurance company, has formally launched, the creation of a merger between two specialty companies. Specialty reinsurer Third ...
Irish Insurer FBD More Than Doubles Money Set Aside for COVID Lockdown Claims
Irish insurer FBD more than doubled the money set aside to cover lockdown-linked claims to 65 million euros ($79 million) after it lost a test case brought by four publicans over a policy that ...
Executives On The Move at Zurich North America, BHSI and AXIS Capital Holdings
Zurich North America hired a former Aviva executive to take on a leadership role in Canada for its Group Risk Management team. Berkshire Hathaway Specialty Insurance named a new senior vice president ...
Munich Re’s 2020 Profit Plunges 55%, Spurred by COVID Claims
Munich Re reported a profit of €1.21 billion (US1.47 billion) for 2020, a 55 percent decline from the €2.71 billion (US$3.29 billion) reported for the previous year. The reinsurer's Q4 2020 ...
Aviva Reportedly Extends Bid Deadline for Polish Operations Over Santander Contract
Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key ...