The International Olympic Committee (IOC) executive board is due to meet this week to determine a course of action. Both the IOC and Japanese organizers have stated that a second postponement is out of the question after they delayed the 2020 Tokyo Games by 12 months. As things stand, a total cancellation seems more and […]
Markerstudy announces £200 million boost
Group CEO of Markerstudy Kevin Spencer said the business has been working with Pollen Street for over a year, and the deal is the culmination of a strong working relationship and a shared vision for combined growth ambitions. He said the strategic partnership with Pollen Street and QIC is a powerful alliance which will facilitate […]
Howden Group reveals year-end results
“Combined, our broking and underwriting businesses delivered organic growth of 6% in the financial year to September 30, 2020,” he said, “and I am delighted that, including A-Plan Group and acquisitions completed after the financial year end, we will be a business of 8,500 employees delivering approaching £1 billion in revenue pro-forma. Critically, more than […]
Everest Re Group releases preliminary 2020 financial results
As for the quarterly numbers, the Bermuda-headquartered business noted: “Everest is estimating pre-tax net catastrophe losses for the fourth quarter 2020 of US$70 million, net of reinsurance and reinstatement premiums. “The estimate includes the impact of Hurricanes Delta, Zeta, Eta, Iota, and the Queensland Australia hailstorm. These catastrophe losses include US$60 million in the company’s […]
QIC Action Group discusses its reaction to the Supreme Court ruling
“So, for the first 15-20 minutes, I had a sinking feeling in my gut but then I started reading the clauses about proximate cause and so on, and it got a bit better… I think it’s an impressive judgement. And it was difficult to see how you could argue against the High Court judgement so […]
Final offers wanted for Aviva’s French, Polish businesses – reports
It looks like Aviva Plc wants no time wasted in its pursuit of buyers for the insurance group’s French and Polish operations. According to sources of news agency Reuters, the UK-headquartered insurer has set February 22 and 26 as the deadlines for the bidders wishing to snap up Aviva France and Poland, respectively. If the […]
