US commercial insurance pricing was always likely to be a strong focus for investors during the Q4 earnings season, and the indication from early reporting carriers and brokers is that the momentum that is drawing new players to the E&S segment is holding on strong.
A survey this week from UK consumer watchdog Which? revealed only one in five British drivers received a premium refund from their motor insurer last year despite the strict Covid-19 lockdown measures in place for much of the first half of 2020.
Aon’s acquisition of Willis Towers Watson (WTW) is still a way from completion – after all, it was little more than a month ago that the European Commission elevated its competition inquiry into Phase II.
Everest Re’s surprise $400mn casualty-focused reinsurance reserves charge, announced after markets closed last night, raises questions as to whether another wave of liability reserve strengthening may be set to follow in 2021.
Despite the grandstanding of his predecessor, John Neal has delivered more to assist the cause of gender equality than any Lloyd’s CEO before him.
After a number of start-ups and scale-ups were unveiled in 2020, Upland Capital Group has emerged as the first of a potential Class of 2021 to target the fast-hardening US excess and surplus lines market as investors and industry figures continue to be drawn to the sector.
The number of Covid -19 business interruption cases lost by insurers in US courts has doubled so far this year.
Opportunities to access specialty insurance business and potential fee income continue to attract the attention of capacity providers to the US program sector.
That’s the thing about London (re)insurance IPOs. You wait for ages for one and then – just like buses – two come along at once.
Several major companies from the industry have taken a stand on political contributions following protestors last week storming the US Capitol and some lawmakers’ opposition to certifying the electoral college vote, but the steps taken so far are largely symbolic.