The merged entity recruits Paul Western as underwriting chief.
Management will buy out 100 percent of the private equity investment unit for undisclosed terms.
The CEO rules out a JLT-sized deal “for a number of years”.
Peter Mills teams up with Tim Griffiths to launch London-based Pyrrhic Re.
The PE-backed (re)insurance services provider says further US acquisitions are planned.
The new operation will provide cover for private equity firms and alternative asset managers.
A friend of former Ascot CEO Reith said he was likely to look to return to the market.
Andy Bragoli, currently CEO of RKH, will lead a new UK broking executive.
Later-stage and larger financing rounds take the H1 investment tally to $3bn.
Ben Crabtree and Felix Sloman will join their new employer at the end of the year.
The CEO says the agreement with the run-off specialist “provides closure”.
The sellers say the run-off specialist will develop additional RITC and run-off solutions for the Lloyd's legacy sector.