Renewals
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Reinsurers expect ‘significant disruption’ amid need for rate hikes in Florida
Summer renewals in Florida are expected to see double-digit corrections following substantial loss creep
P&I pricing hardens slightly but 7.5% ‘going rate’ fails to stick
Sources say pricing for owners rose about 3%
IGI hires Sullivan as downstream energy underwriter
Marc Sullivan joins from Barbican
Windstorm Ciara-Sabine losses estimated at €675m in Germany
AIR pegs total cost of the storm across several countries at between €1.1bn and €1.9bn
Argo names Bradley as chairman and Rehnberg as chief executive
Kevin Rehnberg has served as interim chief executive since late 2019
Bermuda returns to EU’s ‘white list’ of co-operative tax jurisdictions
Decision follows reforms that took effect in Bermuda at the beginning of the year
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