Britain Launches $1 Billion Reinsurance Scheme to Cover Music Festivals August 6, 2021 By Carolyn Cohn Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events...
We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses June 11, 2021 By Susanne Sclafane Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from...
Tokio Marine Restructures Contingency Team, Promoting Paddon, Refreshing Capacity June 9, 2021 Tokio Marine HCC has reaffirmed its commitment to the international contingency market with the appointment of a new lead for...
Cost of Postponing Tokyo Olympics Could Reach $2.8 Billion December 7, 2020 By Stephen Wade TOKYO – The cost of the postponement for the Tokyo Olympics could reach about $2.8 billion, according to figures released...
Cincinnati Global Picks Hernandez, Seakens to Lead 2 New Business Lines November 5, 2020 Cincinnati Financial Corp.’s London-based global specialty underwriting subsidiary, Cincinnati Global Underwriting Ltd., will begin writing two new lines of business:...