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Ed Bermuda unveils digital wage & hour coverage on new client portal

Ed, the global reinsurance, wholesale and specialty broker, has developed a new front-end client portal for its Bermuda operation, including a new digital wage and hour product offered in conjunction with Argo Group. 3 June 2021

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Willis Towers Watson launches Mesoamerican Reef Insurance Programme

Willis Tower Watson (WTW) has launched a multinational partnership project with the Mesoamerican Reef Fund (MRF) to provide insurance coverage to protect and restore the 1,000km reef system along the Caribbean coast. 3 June 2021

Life

Brit unveils Keel consortium to revolutionise marine risk underwriting

Brit has created a new marine consortium called Keel that it hopes will revolutionise the writing of marine war and breach call risks. 3 June 2021

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Above-average hurricane season could hit ratings, Fitch warns

Predictions for the number of hurricanes this year range from 13 to 20. 2 June 2021

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Markel participates in Supercede pilot to overhaul outward reinsurance

Supercede claims it will transform the way carriers prepare reinsurance submissions. 2 June 2021

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Property-cat rates on-line back to post Superstorm Sandy levels

Reinsurance rates-on-line accelerated by 5-10 percent on average at June 1. 2 June 2021

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Fitch unveils positive outlook on AXA driven by AXA XL

It also downgraded AXA Singapore due to its diminishing strategy importance to AXA. 1 June 2021

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Turbulent 2020 triggers drop in insurers’ profits: Verisk/APCIA report

Private US property/casualty insurers’ net income fell 2.9% to $60.1 billion in 2020. 1 June 2021

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Bragar Eagel & Squire investigates James River over Uber policies

Bragar Eagel & Squire (BE&S), the shareholder rights law firm, is investigating potential claims against James River Group Holdings on shareholders to determine whether the Bermuda-based re/insurer violated federal securities laws or engaged in other unlawful practices. 28 May 2021

Life

Markel eyes growth in specialty programmes with new hire

Markel Corporation has named a new senior director for its specialty programmes business. 28 May 2021

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