Arch Capital
-
Both parties expect to close the transaction on 1 August 2024.
-
Arch, Axa XL, Beazley, Chubb, Hiscox, Howden, MS Amlin and TMK are participating.
-
The underwriting head has worked in the London market for 25 years.
-
Roberto Tous joins from Zurich, where he was head of financial lines for the Benelux.
-
Constantine 'Dinos' Iordanou served as CEO at Arch Capital Group for 17 years.
-
A standalone syndicate could offer capital, trading, and licensing advantages.
-
-
There was no material development on long-tail casualty lines across all years, he said.
-
The reinsurance segment's loss ratio reflected 3 points for the event.
-
Kirsten Valder has been with Arch for 10 years and before then was a partner at Kennedys Law.
-
The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.
-
Doppstadt and Paglia have served on the board for 14 and 10 years, respectively.
Most Recent
-
Inflexion confirms DR&P’s sale to BMS Group
26 July 2024 -
Price Forbes snares Lockton partner O’Keeffe
26 July 2024 -
S&P Global Ratings upgrades Munich Re to AA
26 July 2024 -
Daily Digest: Top news from 26 July
26 July 2024