Reinsurance
For the Record: BGL rolls out digital claims, Chubb backs Covid-19 cover, Covea in Vitality tie-up, insurtech funding hits £5.2bn and Tractable deals
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Trade Voice: Bill Batchelor on the place of insurance in EU-UK trade after Brexit
Bill Batchelor, partner at Skadden, Arps, Slate, Meagher & Flom and British Insurance Law Association member, casts his eye over the implications of the EU-UK Trade and Cooperation Agreement, signed on 30 December, for the insurance sector and considers…
Julie Page to lead UK in Aon-WTW exec team with Nicolas Aubert absent from line-up
Julie Page has been named as UK CEO in the leadership team that will come into place when Aon’s takeover of Willis Towers Watson completes.
Howden ready to buy again with £500m of firepower
Howden Group has a £500m warchest for acquisitions and investments, CEO David Howden told Post as the firm reported 6% organic growth in 2020.
IUA starts hunt for chair as Patrick Tiernan swaps Aviva for Lloyd’s
The process for appointing a new chair of the International Underwriting Association has begun, Post can reveal.
For the Record: Aviva rationalises office space, RSA deal gets greenlight, Miller enters HNW and Corant Global is born
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Analysis: The class of 2020 emerges
The emergence of a cluster of start up and scale up carriers, or a class of 2020, caught analysts by surprise despite the hardening market.
Insurer ratings likely to be unaffected by BI ruling, says Fitch
The ratings of UK non-life insurers are likely to be unaffected by the Supreme Court ruling on Covid-19 business interruption claims, according to Fitch.
Behagg to replace Swallow as Gallagher Re CEO
Simon Behagg will takeover as Gallagher Re CEO in February from co-founder Rupert Swallow, the broker has confirmed.
For the record: The week in deals featuring Aston Lark, GRP, PIB, Marsh, MS Amlin, Nexus, Partners& and Sedgwick
Post wraps up the major insurance deals, launches, investments and strategic moves of the week
Modest hardening in UK property reinsurance as European motor ticks up
The annual 1 January reinsurance renewal season delivered firmer pricing for UK property risks, according to Willis Re as its figures also indicated another year of strong rises in motor.
David Coleridge - an obituary
David Coleridge, who was chairman of Lloyd’s for two tumultuous years in the early 1990s, passed away on Boxing Day, aged 88.
Trade Voice: ABI’s James Dalton on the opportunities to reset the GI dial in 2021
James Dalton, director of general insurance policy at the Association of British Insurers, previews a packed 2021 agenda that could shape the future of the industry for years to come as it emerges from Covid-19’s long shadow.
For the record: The week in deals featuring Aviva, Dual, Revolut, Specialist Risk Group and Willis Towers Watson
Post wraps up the major insurance deals, launches and investments of the week
Supreme Court clarifies arbitration bias in Deepwater Horizon Chubb ruling
The Supreme Court has dismissed an appeal in the case of Halliburton v Chubb Bermuda Insurance, ruling in favour of the insurer on an arbitration issue in a Deepwater Horizon case.
Miller to expand employee ownership after sale
The existing partners of Miller will be reinvesting into the business to keep a “substantial minority ownership” and targeting broader employee ownership as part of the deal that sees the firm switch hands from Willis Towers Watson to Cinven and GIC.
Analysis: Innovating in insurance-linked securities
Where other investment markets have struggled during the global pandemic insurance-linked securities have weathered the storm well. Post finds out how London’s young regime is fitting into the existing global markets and whether there is still innovation…
Covéa fined €20m by Paris court in civil suit with Scor
Covéa and its CEO and chairman Thierry Derez have been fined €20.1m (£17.9m) by a Paris court for a breach of legal and fiduciary duties and obligations on the part of Derez in his role as a director of Scor.
No losers as Cinven and GIC buy Miller from WTW, say brokers
Brokers have hailed private equity house Cinven and Singaporean sovereign wealth fund GIC buying Miller from Willis Towers Watson as a deal with no losers.
Q&A: Brendan Cox, Survivors Against Terror
Brendan Cox, who co-founded Survivors Against Terror following the murder of his wife Jo Cox MP in 2016, recently appeared at the International Forum of Terrorism Risk Insurance Pools conference to discuss the systems through which victims of terror are…
Fully Comp episode 4: Can London’s Square Mile bounce back after the pandemic?
Welcome to the fourth episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
Fully Comp episode 3: Will parametrics live up to the hype - and could it ever enter the insurance mainstream?
Welcome to the third episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
Panel cautions against easy parallels between terrorism and pandemic pools
Panellists speaking at an industry forum on Wednesday cautioned that insurance pools set up to provide cover for terrorism risks may not be the best templates on which to build pools that deal with pandemic risk.
Fully Comp Episode One: How ready is the UK for future flood events?
Welcome to the first episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.