Treaty Reinsurance

Felipe Moncaleano Botero is one of three men named in a criminal complaint.

Losses were driven by claims on Canadian dentists’ cover and UK exposure.

The broker says the solvency and capital impacts of the Covid-19 rout have eased.

The Allied World and Brit parent draws down $1.8bn from a credit facility to support its (re)insurance operations.

Munich Re has also temporarily stopped underwriting Jetty policies.

(Re)insurance shares in Europe also outperform market indices after a strong day for US brokers yesterday.

The executive was head of casualty for North America and London for Axis Reinsurance. 

Some programmes also renewed with Covid-19 exclusions.

The move is part of wider plans at the reinsurance broker to build out the unit.

Attempts to add full communicable disease exclusions have faced particular pushback from clients.

As the pandemic unfolds, the mortgage (re)insurance market—a boon to the industry since the last economic crisis—is more exposed to the larger macroeconomic cycle than the traditional P&C business.

The earthquake specialists says it’s exposed in 586 insured locations.