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The two Asian companies wrote $265mn net premiums in 2024.
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Plus, the latest people moves and all the top news of the week.
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CEO Andreas Berger addressed Swiss Re’s primary aviation exit.
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Conditions in the London market remain attractive according to CEO Aki Hussain.
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The carrier announced a $175mn share buyback.
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Last month, MGA Acquinex’s 20+ transactional risk team resigned for roles at Howden-owned MGA Dual.
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Insurers are moving to settle with airline lessors over Ukraine claims.
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Sources said that the firm was already preparing to drop the book before the spate of losses.
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The carrier will look to grow business outside North America.
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The US sports disability market has been dubbed the “problem child” due to its volatility.
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The transactional liability class faces a string of potential losses, especially in the contingent segment.