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The group has hired Hines Associates to advise on the process. -
The business is looking to grow its marine offering across its global platform.
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A roundup of all the news you need, including the appointment of a new CEO at Lloyd’s.
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The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
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The CEO-designate will commence his tenure on 1 June.
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Jacqui Ferrier speaks with Insurance Insider in her first interview since taking the reins.
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Cat losses for the quarter added 3.2 points to the carrier's combined ratio.
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Q1 adverse reserve development went down to $4.2mn from $5.4mn a year ago.
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Hamilton reported $150.5mn of net cat losses, partially offset by $9.2mn favourable prior year development.
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IGI saw opportunities in energy, ports and terminals and marine cargo but remains cautious in long-tail lines.
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Ark's combined ratio included 25 points of catastrophe losses in Q1.
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The facility provides follow capacity to US and international placements.
