Insurers
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Alexander Schlei will succeed Carsten Schulte in his former role. -
The rating agency also upgraded the long-term issuer credit rating.
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There has been increased W&I appetite in South American jurisdictions.
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Chris Nixon has been promoted to underwriting manager, executive & professional lines, UK.
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A resurgence in IPO activity may help provide new business for underwriters and reduce competition.
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The InsurTech is disposing of some non-core business units.
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Analysts suggested Aviva could sweeten its offer for the UK personal-lines carrier.
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The insurer will have until Christmas to make a formal offer or withdraw.
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The Class B notes on the carrier’s debut deal attach at $500mn of losses.
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Large syndicates outside top performer quartiles have been afforded significant room to grow.
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Parent group Talanx reported a 9M operating profit of EUR3.7bn.
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CEO Stef Raftopoulos said the company platform will let the operation reach a suitable scale.
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