January 22, 2025
Top Stories / Ad / Most Recent
Top Stories / Ad / Most Recent
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The carrier has also promoted Jamie Pedro to head of specialty re, Bermuda. -
The 25-year industry veteran will report directly to CEO Adrian Daws.
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The carrier will offer $10mn per risk, targeting large corporations.
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Matthew Stitham replaces Donnacha Smyth, who was promoted to global CUO, casualty.
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The move marks the firm’s intention to broaden its US reinsurance offerings beyond facultative capabilities.
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Ackman will need leaders like Ajit Jain behind him and make the right bets at the right price at the right time.
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This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The company named two execs to head global wholesale and commercial.
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Ackman is targeting high-teens RoE at Vantage via underwriting gains and equity investing.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The executive’s 30-year career includes stints at Neon, Chubb and Arch.
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Fleming Re bought the James River Re legacy book in 2024.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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The company had argued the judge missed key info when dismissing the case.
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The London-based MGA will begin underwriting its international book next month.
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Habayeb will start next May following Kociancic's retirement.
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GC continues to pursue Willis Re and individuals in court.
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Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
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GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
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The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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Aspen's GWP increased 0.9% to $1.13bn, as it focuses on “robust cycle management”.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The reinsurance loss ratio improved by over 20 points with no notable cat losses for the quarter.
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T&Cs, as well as exclusions, remain largely unchanged, the executive said.
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