-
The (re)insurer said Covid-19 losses would account for about $170mn-$180mn of the claims tally.
-
The ratings agency predicts traditional insurance products will be the preferred focus of most start-ups, with some skewing to technology.
-
The total return player trades at only around 40 percent of book value when marked-to-market.
-
The ratings agency says earnings will be hit in the second half of 2020 if outbreaks continue.
-
If none of the major post-Covid start-ups sets up at Lloyd’s, it will have lost ground to Bermuda.
-
The offering will be used to repay the remaining $125mn of a loan and provide working capital for growth.
-
CEO Kevin Rehnberg continues to reshape the carrier's management.
-
Two ILS leaders are working on a new launch with strategic broker and reinsurer alliances in place, sister title Trading Risk revealed.
-
Sources say the carrier’s group head of cyber Paul Miskovich has left his post.
-
Proceeds of the 30-year bond sale are earmarked for “general corporate purposes”.
-
The vehicle will give the legacy acquirer easier access to growth markets in North America.
-
The firm has unveiled a range of measures in support of the Black Lives Matter movement.