Bermuda
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The forecast compares with Raymond James' estimate of rate increases of up to 15 percent on loss-affected business.
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The Bermuda group plans to expand the operation that manages syndicates for GIC Re and Patria Re. -
The company has been subjected to a series of overhauls since being taken over by Exor in 2015.
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Sources said a deal could be announced before the week is out.
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The Bermudian said it anticipates closing the deal “as soon as possible”.
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The island had been “grey listed” in December 2017.
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The partner’s pricey, scaled-down reserves deal leaves questions about the impact on Maiden’s capital unanswered.
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Argo highlighted its “qualified and engaged” board of directors on the heels of criticism from Voce.
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Markets responded negatively to the reinsurer’s disappointing Q4 results.
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The activist investor takes aim at CEO Mark Watson and prepares to name four new independent director candidates.
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Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.
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A sharply declining loss ratio leads to a 25.7-point improvement in the unit's combined ratio.
