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Insurance Day

Articles for 22 December 2022

Chubb names Black as chief operating officer for NA surety
Based in New York, she will continue to report to Stephen Haney, group vice-president and divisional president of North America Surety
Online Published Date: 2022-12-22T08:20:15
PartnerRe acquisition drives Covéa's ratings upgrades from AM Best
Best said the ratings reflect Covéa's balance sheet (which has Best's strongest rating), its adequate operating performance, very favourable business profile, and appropriate enterprise risk management
Online Published Date: 2022-12-22T08:20:15
Progressive lowers loss estimate from hurricane Ian by $400m
The group said the decline was entirely attributed to favourable reserve development in its property business, lowering the segment's estimated loss and allocated loss adjustment expenses from Ian to $1.0bn
Online Published Date: 2022-12-22T08:20:15
Ark forms Outrigger Re as property catastrophe sidecar
The new sidecar has received initial investor capital of $250m, with $205m provided by White Mountains
Online Published Date: 2022-12-22T08:20:14
PPL confirms NextGen launch date
NextGen 1.0 of the London market e-placing platform will replicate most of the existing system’s capabilities with an improved user interface, as further enhancements are planned for second quarter of 2023
Online Published Date: 2022-12-22T08:00:09
London market needs to accelerate PPL Next Gen planning: Jakobek
Outgoing PPL chief executive Sue Jakobek reflects on the forthcoming launch of the next generation version of the London market e-trading platform 
Online Published Date: 2022-12-22T08:00:08

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