-
The carrier only bought $620mn of new private reinsurance limit as it didn’t want to lock in multi-year cover at current rates.
-
Cristobal could impact the Gulf Coast as a tropical storm late on Sunday.
-
The spectre of wholesale trapping of capital ahead of 1 January is further dislocating the market.
-
Strikes, riots and civil commotion wordings in US property policies leave both the US and London markets open to potentially significant losses.
-
The Florida-based insurer’s spend rose by 17 percent to $262mn.
-
The carrier retained more risk in the first layer of its programme.
-
-
The executive crosses into broking after Liberty Specialty Markets withdrew from UK motor treaty.
-
The deal, first announced in March, secures Aspen $770mn in cover for losses in excess of $3.8bn, as well as $250mn in excess $4.8bn.
-
The company is targeting more than four-fold growth in program GWP and Ebitda at the unit of over $50mn by 2022/23.
-
The platform said a narrowing spread between buy and sell offers on ILWs suggests more trades will clear.
-
PE backer Aquiline is thought most likely to seek a merger partner for the Bermuda-based legacy firm.