Apollo Underwriting
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Simon Mason will continue to support the business through the upcoming reinsurance renewals.
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Panellists agreed a soft market should not dampen product development.
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As two working member vacancies are arising on the Council, a ballot will be held.
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The deal will be watched closely by Radian’s handful of similar peers.
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Paul Sandi, head of reinsurance, will serve as active underwriter for the new syndicate.
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It was announced this week that the business had agreed to be acquired by Skyward Specialty.
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Skyward’s acquisition of Apollo will provide access to the London Bridge framework.
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The cycle-turn M&A story continues with strategic buyers to the fore.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
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Insight into the state of the insurance M&A market, powered by this publication's deal database.
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Plus, the latest people moves and all the top news of the week.
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The Lloyd’s business secured a $90mn investment from Alchemy in 2021.
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Since leaving Hiscox Krefta has founded a consultancy.
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The product supports investors of early-stage carbon removal projects.
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Rob Littlemore serves as non-executive director of the Lockton Re International board.
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The upstream market is now in softening territory, with capacity still abundant.
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This publication revealed the CNA Hardy active underwriter was joining Apollo last week.
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It is understood that the executive will work as deputy CUO at the business.
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The executive will replace David Bendle on his retirement at the end of 2024.
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Monica Cramér Manhem was most recently CEO at SiriusPoint International.
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Captive Syndicate 1100, launched in partnership with a “major global client”, will be managed by Apollo.