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Carbon places property consortium with Howden Re in SIAB first
The placement is the first delegated underwriting authority consortium as well as the first consortium supporting SIAB.
Luke Harrison
,
23 December 2021
Darag gets regulatory approval for purchase of Texas-based insurer
Legacy acquirer Darag has entered into a Stock Purchase Agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off.
Luke Harrison
,
23 December 2021
Two-speed cat reinsurance renewal emerges in late 1.1 scramble
Reinsurers have held the line more strongly than last year but rising risks may offset gains.
Fiona Robertson
,
23 December 2021
Chaucer’s Murphy joins WKFC to launch London-based US casualty program
Joe Murphy has left his senior underwriter post to join the Ryan Specialty Group-owned MGA.
James Thaler
,
23 December 2021
Lloyd’s Asia launches $100mn renewable energy consortium
The consortium has been developed by Chaucer, Markel and Munich Re Syndicate, and has a maximum working capacity of $100m per project.
Luke Harrison
,
23 December 2021
Perils estimates Arwen and Barra losses to be below EUR200mn each
Arwen knocked out power for around a million UK homes.
Rachel Dalton
,
23 December 2021
Marsh ups stake in Marsh India from 49% to 92%
The broker has acquired the share previously owned by the Rampart Trust.
Rachel Dalton
,
23 December 2021
Coverys’ Lloyd’s exit – A red flag or the cost of elite performance?
Syndicates will sometimes baulk at the degree of oversight in Lloyd’s, but it remains a poor signal that a niche player like 1975 would walk away.
Adam McNestrie
,
23 December 2021
Florida judge orders Aon fac defectors to avoid Willis clients
A judge for the Miami-Dade County Court has ordered Aon and individual defendants in the Miami facultative team poaching case to avoid doing reinsurance brokerage business with the defendants’ former Willis Towers Watson clients.
Jairo Ibarra
,
22 December 2021
AM Best reviews Covéa ratings with positive implications after PartnerRe deal
Ratings were reaffirmed for the Bermuda-based target company PartnerRe.
Liz Bury
,
22 December 2021
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