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Allen and Rear’s SPAC to target £150mn fundraise in coming days: report

Paul Jardine and Dominic Christian were also linked to the venture, which has been in train since May last year.

Samuel Casey, 01 April 2022
Reserve development pushes Aspen 4711 to 117.3% combined ratio in 2021

The carrier strengthened reserves by $41mn due to uncertainty around financial and professional lines claims development.

Samuel Casey, 01 April 2022
Scor Syndicate appoints Biggas as active underwriter

The incoming active underwriter and CUO was deputy active underwriter at Arch Syndicate 2012 and head of terrorism, aviation, war and space for Arch Insurance International.

Aisling Finn, 01 April 2022
Moscow declares all foreign leased aircraft will stay in Russia

More than 400 planes are stranded in the country following a new registration law.

Rachel Dalton, 01 April 2022
Ascot Syndicate 1414 reports 89.6% CoR as profit falls 18%

Although the syndicate’s loss ratio improved, it booked an investment loss for 2021.

Rachel Dalton, 01 April 2022
Property D&F 1.4 outcome ‘better than expected’ amid inflationary pressures

Cat de-risking and asset revaluations have also been key features of this renewal.

Catrin Shi, 01 April 2022
Gallagher Re: ‘Calm’ renewal sees buyers secure capacity at ‘acceptable’ terms

Inflation is now a key concern in every line of business, the broker said.

Fiona Robertson, 01 April 2022
Brickell agrees to acquire R&Q for £482mn

The deal will also provide $100mn in new equity funding to the legacy carrier.

Rachel Dalton, 01 April 2022
New inflation index launched to raise awareness of squeezed City executives

Even those earning hundreds of thousands a year are impacted by the cost of living crisis, according to the Insurance Fair Pay Union.

Samuel Casey, 01 April 2022
Catalina sets sights on 2022 Lloyd’s start-up as firm returns to the black

Head of M&A Mayur Patel is leaving the legacy specialist, while its Asian CEO Martin Kauer is retiring.

Adam McNestrie, 01 April 2022

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