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AmTrust wins dismissal of KBW suit over NYSE delisting
A New York judge said KBW did not allege “any actual injuries” by claiming the move hurt its reputation.
Christie Smythe
,
July 29, 2019
Marsh-JLT hires former Boeing risk manager
Tarling returns to MMC after a spell working at aerospace giant Boeing.
Adam McNestrie
,
July 29, 2019
Mercury doubles cat limit after going through top in 2018
Chief executive confirms “sizeable rate increases in each layer”.
Christopher Munro
,
July 29, 2019
California judge slashes $2bn jury award to $87mn in Roundup case
The judge said that the punitive damages were higher than constitutional limits set by the US Supreme Court.
Laura Sanicola
,
July 29, 2019
Brokers: Caught between a soft and hard place
Intermediaries appear caught between the competing pressures of results that speak to an improving market (good for their stocks) and a concern to manage market expectations to the benefit of clients.
IPC Research
,
July 29, 2019
PG&E’s insurers propose plan to get utility out of bankruptcy
The plan calls for the voluntary reduction of claims to $16bn, which would be converted into equity.
Laura Sanicola
,
July 26, 2019
PartnerRe sees Q2 net profit rise 128% year on year
The reinsurer’s non-life combined ratio deteriorated by 1.9 points to 92.8 percent.
Laura Sanicola
,
July 26, 2019
Aon sued over claims of retaliatory firing
The lawsuit comes after a probe by the NLRB was dismissed, and the EEOC had not yet reached a conclusion on the claims.
John Hewitt Jones
,
July 26, 2019
Mapfre ends US commercial renewals outside Massachusetts
The abandoned accounts last year accounted for about $44mn of business.
John Hewitt Jones
,
July 26, 2019
PartnerRe takes $39mn charge from Ethiopian and Boeing losses
The combined claims are likely to cost the market in excess of $1bn.
John Hewitt Jones
,
July 26, 2019
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