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PartnerRe to issue $200mn of preferred shares
Moody’s has assigned a Baa2 rating to the securities.
Rachel Dalton
,
10 March 2021
Brokerbility owner Clear Group strikes brace of deals
HIA International and Luker Rowe are the latest addition to the intermediary.
Rachel Dalton
,
10 March 2021
QBE makes Harrison group CUO and Fresneau European insurance chief
Current group CUO Jason Brown is to leave after almost two decades with the carrier.
Rachel Dalton
,
10 March 2021
ERS confirms Abry buy-in as part of $350mn raise
The company has also acknowledged that former Ironshore CEO Kevin Kelley is set to join as non-executive chairman.
Adam McNestrie
,
10 March 2021
Darag strikes retrospective quota-share with Protector
The agreement, the second with the Norwegian carrier, covers its workers’ compensation book.
Anna Sagar
,
10 March 2021
ERS raises $350mn for specialty push as Abry joins shareholder roster
ERS has secured a $350mn injection of new equity with experienced sector investor Abry Partners buying into the firm to support its strategic pivot to specialty lines insurance and reinsurance, Insurance Insider understands.
Adam McNestrie
,
10 March 2021
Zego becomes first UK InsurTech unicorn with $1.1bn valuation
The commercial motor specialist raises $150mn from a consortium of investors.
Samuel Casey
,
10 March 2021
Tokio Marine says Greensill coverage may not be valid: Report
The Japanese insurer said that its remaining exposure to the business is mostly covered by reinsurance.
Samuel Casey
,
10 March 2021
Beazley launches SPAC D&O underwriting initiative
New York-based executive risk underwriter Jim Rizzo will lead the new product suite.
John Hewitt Jones
,
09 March 2021
Mosaic confirms Prebble-led team as it starts writing war, terrorism and PV
The division will have a maximum capacity of $50mn for any one risk, with up to $250mn of syndicated capacity via the US.
Anna Sagar
,
09 March 2021
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