Arch Capital
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The industry’s ranks are being thinned by inexorable forces of change, Arch CEO says.
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Barbican and AmTrust have now both launched formal processes to secure a reinsurance-to-close transaction. -
She will oversee the Bermuda-based reinsurer’s E&S property and US retail property divisions.
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Mark Lange will follow Bill Casey in North America strategy and distribution role.
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David McElroy, who headed Arch Worldwide Insurance Group, will take the helm at the excess and surplus lines underwriter.
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Delaware Supreme Court rules against exclusion of class-action settlement costs.
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While reinsurers are benefiting from low cats, pricing fundamentals remain weak.
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The Insider 50 gained ground last week, with 39 companies posting week-on-week price increases.
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Executives say the American market for non-life transactions is worth $335bn.
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Bruce Carman’s new venture has named Will Gaunt as class underwriter.
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The Bermuda-based firm had $500mn of ILS under management in 2017.
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Underwriting opportunities become the focus in Q4 2017 and Q1 2018.
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