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Coface installs new chair as Arch joins shareholder register
The reinsurer completes its EUR453mn deal for 29.5% stake in French trade credit carrier.
Rachel Dalton
,
10 February 2021
Lancashire shares close down 7% on attritional loss worries
The carrier predicts $40mn to $60mn of GWP this year from new lines of business.
Anna Sagar
,
10 February 2021
Chubb promotes Parmar and Crosby to lead ceded re at Overseas General arm
The appointments follow the promotion of Jeremiah Konz to chief reinsurance officer.
Samuel Casey
,
10 February 2021
Lancashire’s Maloney says soft market damage ‘still being repaired’
The CEO says the carrier deployed most of the $340mn raised in June at the 1 January renewals.
Anna Sagar
,
10 February 2021
Tokio Marine nine-month profit halves on $660mn Covid-19 loss
Earnings at the international non-life business also halve as EMEA operations swing to a 12.5bn yen loss.
Rachel Dalton
,
10 February 2021
More reinsurers sought to avoid wildfire exposure at 1.1: Willis Re’s May
Event definitions were also tightened at renewals, the broker said.
Kit Heren
,
10 February 2021
Specialist Risk Group to buy the Channel Partnership
The HGGC-backed broker’s latest acquisition specialises in trade credit.
Rachel Dalton
,
10 February 2021
IAG recovers A$90mn from aggregate cover in H1
The Australian carrier reported a 3% increase in reinsurance spend over the six-month period.
Rachel Dalton
,
10 February 2021
Lockton Re hires former JLT Re broker Berry for senior marine and energy role
The newcomer had joined Lancashire as an underwriter only in October.
Anna Sagar
,
10 February 2021
Lancashire 2020 profit drops 95% on windstorm and specialty claims
The combined ratio deteriorates by 26.9 points to 107.8%, though comes in ahead of forecasts.
Anna Sagar
,
10 February 2021
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