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Lloyd’s carriers seek TD Bank records tied to Ponzi scheme
Underwriters are embroiled in a coverage dispute with the bank over a C$300mn claim.
Christie Smythe
,
June 12, 2019
Rapid tech acceleration to transform commercial P&C: Hearn
The executive points to the aviation market and China as areas of opportunity.
John Hewitt Jones
,
June 12, 2019
Oklahoma slates autumn target for first US portfolio transfer
The state’s insurance business transfer legislation adds another mechanism for run-off sellers to gain legal finality on their legacy business
Catrin Shi
,
June 12, 2019
Lexington property EVP Silva departs
EVP of property Nadine Silva has retired from the AIG’s excess and surplus lines carrier.
Laura Sanicola
,
June 11, 2019
WR Berkley taps Argo’s Edwards to head Verus
Marlo Edwards will succeed former president Dale Pilkington, who is retiring.
Laura Sanicola
,
June 11, 2019
US cyber premium growth slows in 2018: Aon
US cyber premiums grew approximately 10 percent to $2bn in 2018, down from 30 percent in the two previous years.
Laura Sanicola
,
June 11, 2019
Legislation put forward for five-year NFIP reauthorisation
Congresswoman Maxine Waters has proposed the new law to end lapses in National Flood Insurance Program coverage.
Lucy Jones
,
June 11, 2019
Chubb takes aim at ‘meritless’ securities class actions
Chubb’s report comes amid growing outcry among D&O insurance providers over event-driven securities lawsuits.
Christie Smythe
,
June 11, 2019
Tokio Marine Kiln launches probe following harassment allegations
Two executives are reported to have resigned following allegations of inappropriate behaviour at a party and of stalking.
Laura Board
,
June 11, 2019
Boeing 737 Max groundings ‘costing $15,000 per day’
A rule-of-thumb calculation suggests Boeing’s grounding liability sub-limit may already have been breached.
John Hewitt Jones
,
June 11, 2019
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