Ark
-
CEO Ian Beaton pegs renewals rate growth at the White Mountains-owned business at 10%.
-
Tom Gregory, Cameron Maffit, Mark Robinson and Patrick Reardon have now started in their new roles. -
The MGA had initially lined up Beazley to replace long-term leader Ark, but brokers failed to secure follow capacity.
-
CEO Manning Rountree says its new Lloyd’s investment “hit the ground running” at the renewals.
-
The new Bermuda venture launched at the beginning of the year as part of the business’s scale-up.
-
Ex-Ariel CFO Angus Ayliffe becomes the latest member to join the team, which Jeff Clements will lead.
-
Reardon, Dudek and Roberts are all set to be reunited with former colleagues including Jeff Clements.
-
Ark's post-Covid fundraising is more than just a PE story.
-
The insurance holding company sold out of its P&C balance sheet assets in 2015 and 2017.
-
The Lloyd’s business is looking to raise $800mn of new equity and $200mn of debt.
-
Ark founder David Foreman is due to retire from the role at year end.
-
The money would support the upgrade of the carrier’s Bermuda arm to a Class 4 reinsurer, as well as expansion at Lloyd’s.
Most Recent
-
Sixth Street completes $5.1bn acquisition of Enstar
02 July 2025 -
Gallagher Re hires Aon Re’s Muñoz as global fac CEO
02 July 2025