-
The carrier recently expanded its reinsurance product suite in Bermuda. -
The sidecar was launched today by the Bermudian reinsurer and investment firm Carlyle.
-
The capital will provide retro cover for life-focused reinsurer Fortitude Re.
-
The protection covers the US insurance book for the 2024 and prior accident years.
-
The carrier has been exploring launching into P&C organically or via acquisition.
-
Mike Mulray joins from Everest, where he was EVP president of North America insurance.
-
The MGA is also looking to build out its US mid-market professional liability expertise.
-
The carrier has renewed and extended its capacity arrangement with the MGA.
-
Improved performance and growing investment returns played a role in the upgrade.
-
The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
-
Winds have strengthened to 80 mph, and the hurricane is expected to intensify further over the next 48 hours.
-
The company will continue its capacity partnership with the MGA until 2030.
-
Marlon Williams will focus on the placement of reinsurance and retro business.
-
The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
-
The move comes as the broker rebuilds its Bermuda team.
-
The Bermuda reinsurer has been active in ILS since launching in 2007.
-
Alessa Quane will report to Sompo P&C CEO James Shea.
-
The deal marks the latest step in Catalina’s shift from P&C to life run-off.
-
Vantage Group Holdings received a BBB- long-term issuer credit rating.
-
The business said it was experiencing strong momentum on the Island.
-
The affirmations reflect Everest’s strong underwriting diversification.
-
The tech firm is building a joint stock company with insurers and investors.
-
Bill Bouvier has spent more than three years at the legacy firm in this role.
-
The syndicate will be targeting approximately $50mn of GWP in its first year.
Most Recent
