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Ark and White Mountains cancel $200mn investment deal

Ark raised $70mn in a debt offering last week, after raising €39.1mn and $47mn in July and August, respectively.

James Thaler, 13 September 2021
Argo comes under activist attack as Bobman calls for sale

Capital Returns Management has waged successful campaigns against Watford, FBL Group and FedNat.

Rachel Dalton, 13 September 2021
AIR raises Ida loss estimate to $20bn-$30bn on private flood losses of up to $5bn

The modelling firm’s wind and surge losses remain at $17bn-$25bn.

Fiona Robertson, 13 September 2021
Allied World’s professional lines head Heathfield steps down

Staff movement in the D&O market remains high as carriers battle to secure top talent in a hard market.

Samuel Casey, 13 September 2021
Willis Towers Watson appoints Mathys-Graaff to sustainable investment role

The new recruit has spent 20 years in investment roles.

Rachel Dalton, 13 September 2021
LMA highlights diversity efforts with six new board members

The number of female board members has almost doubled following the appointments.

Luke Harrison, 13 September 2021
Hannover Re: P&C re rate increases ‘unavoidable’ in 2022

In its renewal season update, the carrier said Bernd, Ida, Uri and the pandemic would force up pricing across lines and regions.

Rachel Dalton, 13 September 2021
Talanx announces death of former CEO Wolf-Dieter Baumgartl

Wolf-Dieter Baumgartl passed away last week at the age of 78, having previous held chairman of the board and CEO roles at Talanx and parent company HDI.

Luke Harrison, 13 September 2021
Tysers expands Dubai team with marine, casualty and construction hires

The broker has operated in Dubai since 2006, and is pursuing a strategy of international expansion.

Samuel Casey, 13 September 2021
Returners programme brings 15 women back to work in EC3

Nine (re)insurance firms in London took part in the programme for career-break women, organised by diversity and inclusion firm Inclusivity and supported by the Insurance Families Network.

Catrin Shi, 13 September 2021

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