Allstate reports $528m of Q4 catastrophe losses, $218m from Marshall Fire
US primary insurance carrier Allstate has reported its fourth-quarter 2021 catastrophe losses, revealing a total of $528 million, pre-tax, with...
News
NCOIL names committee leadership for 2022
The National Council of Insurance Legislators (NCOIL) has announced its lineup of committee chairs and vice chairs for...
Australian travel insurer acquired by Generali subsidiary
Europ Assistance, a subsidiary of Europe’s third largest insurer Generali Group, has acquired local travel insurance provider InsureandGo for an...
Travelers expands cat XoL at renewal, but aggregate shrinks at tighter terms
US primary insurance firm Travelers has expanded its core per-occurrence catastrophe cover at the reinsurance renewals in January 2022, but...
CBPE Capital completes investment in Direct Commercial Group
CBPE Capital LLP (“CBPE”) is pleased to announce that it has completed its investment into Direct Commercial Limited (DCL) and...
QBE’s employment lawsuit declared "plainly meritless" by Applied Underwriters’ general counsel
To this complaint, Applied Underwriters has released a statement denouncing the suit. “This lawsuit is plainly meritless and intends simply...
Big Red Bash loses cancellation cover battle
The organiser of the annual Big Red Bash music festival in outback Queensland has lost a court battle with Lloyd’s...
IAG wins court fight over factory fire
IAG has successfully defended court action over a declined multi-million dollar claim after it argued that a massive fire at...
Twelve Capital gets strategic investment from Graubündner Kantonalbank
Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, is taking a strategic...
Conduit Re secures retro, expects to make more purchases
Conduit Re, a Class of 2021 reinsurance start-up that raised close to $1.1 billion of capital for its launch in...
