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Everest is in the process of transforming its ILS offering. -
CEO Trevor Carvey said the revision reflected Conduit’s “favourable reception”.
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The reduction in capacity reflects “strategic adjustments”.
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A look back at the year in (re)insurance, with the aid of some of our visual journalism.
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The minority deal values the broker at around 16x-17x Ebitda against a challenging financing backdrop.
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Swiss Re has retreated from its “escalation clause” for the Middle East.
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The pair will lead crisis management and financial lines, respectively.
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The broking business will transfer along with four unknown assets owned by the PE backer.
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A roundup of all the news you need today, including Warburg Pincus’s multi-asset continuation vehicle.
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David Hughes has a line size of A$10mn with a global mandate.
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The transaction mostly covers casualty portfolios of 2021 and prior underwriting years.
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