AM Best cites Florida market challenges as it downgrades Florida Farm Bureau
A decline in surplus, reserve adequacy trending lower, underwriting losses driven by storms and hurricanes, and a generally unsettled Florida...
News
Arch Capital’s Voussoir Re sidecar issues 2022 preferred shares
Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has sponsored the issuance of two new series of preferred...
Inigo’s Montoya Re cat bond settles at $115m at top-end pricing
London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter Inigo Insurance is now set to complete its first...
Lloyd's flags 'major claim' concern from Russia-Ukraine conflict
Lloyd’s has warned of a potential business fallout from Russia’s attack on Ukraine, warning the war will likely lead to...
Edmonton Oilers file $174 million pandemic loss lawsuit against insurers
The team claims in its lawsuit that the COVID-19 virus physically altered the interior air, surfaces and interior of its...
Insurtech AuditCover 'evens playing field' with high-tech ATO
Insurtech AuditCover 'evens playing field' with high-tech ATO 28 March 2022 HDI-backed insurtech AuditCover has closed a $1.7 million seed...
Plan of attack: industry outlines cyber strategy
The signs have been there for a while that cyber insurance is heading for trouble. Increasingly it is seen as...
Generali investor aims to ‘awaken the lion’ with new leadership
One of Generali’s major investors has unveiled his plans for the company, pledging to boost the insurer’s earnings...
Generali investor looking to ‘awaken the lion’ with new leadership
One of Generali’s major investors has unveiled his plans for the company, pledging to boost the insurer’s earnings...
BizCover survey reveals disconnect between SME cover and key concerns
A recent survey of Australian small business has uncovered a disparity between the risks named by enterprise owners as most...
