| Register for our Prospectus 2021 conference Re/insurers' COVID-19 losses hit $23.7bn Further increased loss estimates are anticipated for both the third and fourth quarters, says PeriStrat. An "underwriting driven" hard market The current market environment is not a traditional hard market, according to broker Arthur J. Gallagher. Carnegie-Brown calls for gov COVID support The Lloyd's Chairman explained how COVID-19 has shown that pandemic risk is too big for the industry. Zeta forecast for northern Gulf Coast landfall on Wed Hurricane Zeta intensified into a hurricane prior to making landfall on Mexico's Yucatan peninsula. Macif, Generali & CVC join bidding war for Aviva's French business Analysts at Morgan Stanley value Aviva's French business at £3.3 billion. CEA reinsurance program hits almost $9.6bn This is an increase of almost $1 billion since the January renewals. Türk Reasürans reports solid growth in first year The period profit as of September 30th, 2020 was TRY 101 million (approx. USD 13mn). ELEMENT adds Eric Schuh to exec board Eric Schuh joins from Swiss Re, where he held various international management positions. Southern Cali on wildfire Red Flag alert again Parts of southern California are back on a wildfire Red Flag warning for the next two days.  M&A markets sees first positive performance in years: WTW The market performed well despite the impact of the COVID-19 pandemic on deal-making during 2020. Pen Underwriting adds Sarah Breslin as CFO She succeeds Praveen Panicker, who is set to join Gallagher's corporate finance team. Allianz enters strategic partnership with Jubilee The partnership aims to cover the P&C insurance segment in Kenya, Tanzania and Uganda. Aspen Capital Markets third-party assets neared $700m for 2020 Aspen Capital Markets specialises in tailor-made portfolios for investors through managed ILS funds. Ares welcomes Raj Krishnan as partner Raj Krishnan joins as partner and Chief Investment Officer of Ares Insurance Solutions. Credit insurers prepare for rising COVID-related claims in early 2021: Berne Union Increasing corporate insolvencies and the wide economic recession are the biggest concerns. AM Best assigns strong credit ratings to Swiss Re-backed Coefficient AM Best says its ratings reflect Coefficient's balance sheet strength, which it categorises as strong. Markel hires Adriana Belli as Managing Director In this new role, she will oversee all aspects of the PMSR Claims Division.  Coverys finalises acquisition of Bridge Bridge, which is based in Italy, will provide a full suite of property, casualty & specialty solutions. Sompo adopts WTW pricing solutions Sompo Holdings will be able to capture insights from its vast store of customer data. Whitespace partners with GuideOne to launch MGU CGA will accept risks exclusively via the Whitespace Platform through a digitised underwriting process. AccuRisk partners with Convex to offer Employers Liability insurance The new product, named AccuRisk254, will be available in all Texas counties. Southeast Asian reinsurers looking to L&H for growth, says AM Best The COVID-19 pandemic has accelerated the growth trend in the life and health insurance segment. Genworth & Radian secure $740m of mortgage reinsurance Issuance of mortgage insurance-linked notes to-date in 2020 sits at almost $3.2 billion settled. US life insurers facing rising commercial mortgage losses off COVID-19: Fitch Analysts expect losses from the pandemic to begin to emerge at the earliest in the third quarter. 
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