Property

Tom O’Connor joins the MGA after a career in asset management.

Current Faraday CEO Andrew D’Arcy will take on a new role as head of all P&C business outside North America.

The asset class appeals to writers of short-tail business, according to GSAM.

Both early reporting companies reported positive data points on rate and growth.

A large hailstorm in Florida was the main contributor to the catastrophe claims.

Just outside the gothic towers of Notre Dame cathedral is the point from which all trunk roads in France are measured. It is known as kilometre zero and marks the centre of the country’s political geography.

The moves follow years of market malaise in the property sector.

The funds will make this the company’s sixth, seventh and eight investment vehicles.

At today’s pricing, most property cat is still a good write for a vast pool of non-insurance capital.

The MGA plans to enter the Canadian property, casualty and automobile markets with the new appointments.

High-single-digit to low-double-digit advance driven by big increases on wind and flat quake renewals.

Raging fire at Intercontinental Terminals Co’s facility has reginited while a wall holding back toxic liquid has collapsed.