All Comment articles – Page 3

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  • Evan Greenberg and Donald Trump
    Comment

    Sector leadership found wanting…

    2020-04-16T11:52:00Z

    The appointment of only one insurance industry executive to Donald Trump’s Great American Economic Revival Industry roster is a disappointment. It is perhaps also a signal that the sector has to improve its standing with politicians - on both sides of the Atlantic.

  • Donald Trump – Congress
    Comment

    The heat is turned up over Covid-19 BI claims

    2020-04-15T16:58:00Z

    Insurers were already feeling the heat over Covid-19 business interruption (BI) losses before US President Donald Trump waded into the issue and a House Democrat introduced a bill that would force BI payments regardless of exclusions.

  • Mont Carlo dice
    Comment

    Monte Carlo or bust

    2020-04-15T11:26:00Z

    News earlier this week that Chubb is running its own virtual conference for risk managers and brokers on the dates when RIMS 2020 would have been in full swing looks like an astute piece of opportunistic thinking and a demonstration that technology is allowing the industry to keep functioning through ...

  • Canary – QBE
    Comment

    QBE: Canary in the capital mine?

    2020-04-14T12:01:00Z

    The global P C industry has been drowning in a surplus of capital for so long that it’s a shock to write of dividends and share buy-backs being cancelled for reasons of balance sheet prudence.

  • To tell you the truth, we assume that you do i
    Comment

    Reputations at stake…

    2020-04-14T07:05:00Z

    Once again, Warren Buffett nails it with one of his pithy observations.

  • Europe and US divide
    Comment

    The Atlantic divide: US carriers won’t face the same pressure on dividends as Europeans…

    2020-04-09T06:56:00Z

    Yesterday, a quartet of UK insurers bowed to regulatory pressure and in a coordinated flurry of announcements told their shareholders they were postponing or cancelling dividends because of the COVID-19 crisis.

  • Aon, WTW and Miller
    Comment

    ​So, why doesn’t Aon just keep Miller?

    2020-04-03T06:48:00Z

    Despite the global recession and the ice chill that has frozen the deal-financing markets, few would bet against Aon Group CEO Greg Case delivering on his bold, career-defining WTW swoop signed last month.

  • Coronavirus and stocks
    Comment

    Louisiana won’t be the last state to take aim at insurers

    2020-04-02T22:58:00Z

    Louisiana has joined the handful of US states that could let Covid-19 claims get out of hand for insurers by considering legislation to override policy exclusions.

  • John Doyle  Marsh
    Comment

    Marsh looks to put US industry back on front foot over BI

    2020-04-02T11:30:00Z

    If the US insurance industry’s role is to be a facilitator of economic growth then events of the last few weeks have put it in an invidious position.

  • Sam Woods Bank of England
    Comment

    First, they came for the banks…

    2020-04-02T07:21:00Z

    The 2008-09 financial crisis was a milestone for P C insurers.

  • AM Best pressure
    Comment

    Are the Covid-19 stress tests really Best timing?

    2020-03-31T11:52:00Z

    The timing of AM Best’s move to stress test for a pandemic in the middle of the Covid-19 crisis is hardly helpful from the perspective of under-pressure (re)insurers.

  • COVID-19 Vice
    Comment

    The squeeze is on…

    2020-03-27T07:51:00Z

    Last week, a British MP got confused between an insurance company and a bank while discussing the impact of pandemic exclusion clauses on a BI policy.

  • Lloyd's 900px nexus
    Comment

    Lloyd’s 2019: Just like the good old days…

    2020-03-26T08:17:00Z

    Remember the days when insurance companies used to be described as a fund manager with a loss-making underwriting business alongside?

  • COVID-19 mask
    Comment

    Zero shades of grey

    2020-03-25T17:32:00Z

    Scarred by memories of “Superstorm” Sandy almost eight years ago, the US insurance industry is on the front foot looking to work with legislators on solutions that don’t leave it carrying the can for exposures that are clearly excluded from coverage.

  • WTW and Aon
    Opinion

    Aon-WTW: The chosen two

    2020-03-25T08:12:00Z

    There is plenty to read into the appointment of Eric Andersen and Julie Gebauer to lead the mammoth task of integrating the largest ever insurance brokerage merger.

  • Private jet, Champagne and Gold card
    Comment

    So, what exactly is “non-essential” business travel?

    2020-03-23T07:24:00Z

    Last week, insurers and brokers around the world pulled the shutters down and imposed compulsory working from home for their underwriters and producers. 

  • weather-vane-cockerel-–-Florida
    Comment

    The ILS market has spoken on Florida

    2020-03-20T07:38:00Z

    This month saw cat bond investors confronted by two Florida-focussed cat bonds issued by insurers. What would they tell us about the fast-approaching 1 June renewals in the sunshine state?

  • Florida
    Opinion

    Long road to recovery for Florida insurers

    2020-03-19T22:30:00Z

    Some Florida homeowners carriers could be years away from profitability as unprecedented market conditions prevail in the Sunshine State

  • Cuthbert Heath
    Comment

    Remember Heath at times of crisis

    2020-03-16T08:14:00Z

    Goodwill and trust goes a long way in (re)insurance…

  • Greg Case – Aon and WTW
    Opinion

    Too big to fail?

    2020-03-10T08:04:00Z

    Yesterday morning brought home a series of ugly flashbacks from the financial crisis of 2008-09.