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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums. -
The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The parties now have 60 days to file a stipulation to dismiss the action.
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Nearly one-third of 2025’s talent movement was recorded in Q3.
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Pricing in the D&O market is starting to flatten after several years of steep decreases.
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Clifford’s appointment follows Everest’s $2bn renewal rights sale to AIG.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
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The insurer plans to automate around 85% of key functions surrounding underwriting and claims processes.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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The London carrier has explored how businesses are navigating an era of accelerating risk.
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Approached for comment, Chubb denies that it submitted “an offer” for AIG.
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Colette Buckley joins Steven Ridgers, who became Axis head of erection all risks in October.
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The LMA, FCA and Liiba welcomed the direction of travel but said progress is slow.
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The executive co-led the US financial institutions business at BHSI.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
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Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
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Fears relating to an economic downturn continue to dominate concerns.
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Next year will mark five consecutive years of insolvency increases.
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Marsh has accused its former execs of flouting a preliminary injunction.
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