Recently formed Lloyd's syndicate Blenheim has launched a specialty reinsurance division under the leadership of former Talbot head of treaty John Cutts.
Argenta-managed Lloyd's carrier Atrium Syndicate 609 has increased its syndicate forecasts for the 2015 year-of-account by 3.5 percentage points at the midpoint.
David Ross, the chief executive of newly rebranded Towergate owner Ardonagh Group, has said the entity could consider an IPO as early as next year, according to a report.
US specialty insurer OneBeacon has reported a Q2 underwriting loss as increased catastrophe and underlying losses pushed the combined ratio up by 4 percentage points to 106.9 percent.
(Re)insurers are set to be hit with more claims from skyscraper fires in Dubai after the Torch Tower caught fire yesterday for the second time in two years.
Underwriting profits at Fairfax Financial jumped 31.7 percent in the second quarter to $108.4mn, as the company reported diluted earnings per share of $12.67.
