North America
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The company said it now expects the transaction to close in H2 2025. -
Competition for specialty reinsurance talent remains high.
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Is the MGA start-up boom here to stay?
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The London D&F market will shoulder most of the losses.
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The MGA will be trying to replace the transactional liability capacity in the coming weeks.
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The group joined Velocity in December and includes James Robertson.
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The reinsurer pegged the market loss at $40bn.
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Ascot Underwriting CEO Ian Thompson, who took the helm last summer, discussed emerging headwinds.
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The programme structure was expanded, but it is unclear what percentage was placed.
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The group will house a segment for specialty and benefits and another for underwriting.
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Plus, the latest people moves and all the top news of the week.
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Changes in business mix towards specialty and improved reserve development offset higher Q4 cat losses.
Most Recent
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Enstar Q1 net profit falls 58% to $50mn
02 May 2025 -
Daily Digest: Top news from 2 May
02 May 2025