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McBain to lead D&O at Ascot Bermuda after initial Hartford appointment
The nature of the hire demonstrates the level of competition for top talent in the sector.
Samuel Casey
,
13 September 2021
AM Best expects only moderate returns for reinsurance investors
The ratings agency said cat activity, Covid-19 and social inflation would play key roles in influencing investor returns.
Luke Harrison
,
13 September 2021
The Hartford estimates Ida claims will fall short of reinsurance trigger: CFO Costello
Speaking at an investor conference on Monday, CFO Beth Costello said the company expects losses to fall well below Hartford’s cat program retention.
James Thaler
,
13 September 2021
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
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