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Ascot Syndicate 1414 secures 38% stamp increase for 2021
The syndicate will have a £900mn stamp for 2021 as it leverages its light-touch status.
Anna Sagar
,
23 November 2020
Howden buys cyber specialist Safeonline
Safeonline CEO Chris Cotterell becomes chairman of Howden’s cyber division.
Rachel Dalton
,
23 November 2020
Hamilton establishes third-party capital manager for collateralised retro
Ada Capital will underwrite on behalf of new special purpose insurer Ada Re.
Jeff Kuntz
,
23 November 2020
High Court largely upholds insurers’ asbestos compensation challenge
Mr Justice Henshaw says current liabilities are incompatible with the UK Human Rights Act.
Anna Sagar
,
23 November 2020
Senator/Cannae nominees join CoreLogic board after shareholder vote
The three director changes fall short of a proposal by former bidders Senator and Cannae.
Kit Heren
,
23 November 2020
Canopius pulls £1bn legacy deal after it seals equity raise
Sources said that the carrier’s equity raise was the more efficient path to securing growth capital.
Adam McNestrie
,
23 November 2020
IAG completes A$650mn capital raise at 7.5% discount
The carrier seeks to address potential BI liabilities following a court ruling.
Rachel Dalton
,
23 November 2020
Ki goes live with key roster of brokers
The follow-only syndicate has carved up most of its 2021 capacity among leading Lloyd’s intermediaries.
Anna Sagar
,
23 November 2020
BMS enters financial lines with hire of Madell
The executive was previously CEO of Australian farm insurance MGA Allstate Underwriting Agencies.
Samuel Casey
,
23 November 2020
Aviva sells 80% Aviva Vita stake to partner UBI Banca for EUR400mn
The Amanda Blanc-led company says it is continuing to evaluate the remaining Italian businesses.
Anna Sagar
,
23 November 2020
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