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The funds will make this the company’s sixth, seventh and eight investment vehicles.
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Richard Porter will assume the role of head of financial lines after serving as general counsel for Chubb Bermuda.
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Arch Capital Group’ chairman Dinos Iordanou will leave the firm in September.
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A judge agreed to seal excess-of-loss reinsurance documents in a dispute between Everest Re and insurer Penn National.
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Benchimol hopeful of mid-year correction after disappointing 1 January renewal.
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The carriers argue the historic allegations are not covered by the diocesan general liability policies.
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The company will no longer offer excess casualty and lead umbrella coverage to most clients whose revenue exceeds $10bn. -
The Australian Royal Commission into financial services misconduct has led to withdrawal of local capacity
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A Washington state regulator hit Illinois Union with a cease and desist order against underwriting the policies.
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That figure accounts for the bulk of AIG’s $445mn unfavourable reserve development, pre-adverse development cover.
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Carriers are reluctant to expand their appetite in areas like cryptocurrency before D&O prices rise.
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Report shows insurers are increasing scrutiny of sexual harassment risk.
