Axa XL
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The departure follows the exit of another co-founder last year.
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Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
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Move is a sign of Axa XL’s commitment to the ILS space.
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Following new investment, Akinova has brought in the experienced Paul Jardine.
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The underwriting team will write Africa-focused risks on Catlin Syndicate 2003 paper.
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The 502-room resort hotel on St. Thomas sustained extensive damage during the September 2017 hurricanes.
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Executives are working with Evercore to raise $3bn for the start-up.
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I remember having a conversation with a (re)insurance executive when they had hired a team to enter a horribly priced line of business.
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The executive was responsible for a ceded reinsurance portfolio of more than $4bn
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The Lloyd’s market veterans will join a third-party managing agent responsible for 10 syndicates and two special-purpose arrangements.
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Ireland's central bank has given the go-ahead for the insurance group to move its XL Insurance subsidiary to Dublin.
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Michael losses are likely to fall on the reinsurance market due to the low attachment points of the Floridian homeowners’ insurers.
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