Apollo Underwriting
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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.
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            The status was achieved thanks to the MGA’s insurance partner, Apollo Underwriting.
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            The carrier is partnering with Munich Re Syndicate and Tokio Marine HCC.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
