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Arcus Syndicate faces run-off without 11th-hour capital deal
The pullback from incumbent backer Credit Suisse is influenced by concerns over returns against a long-term capital lock-in, as the manager’s AuM has shrunk.
Adam McNestrie
,
12 November 2020
Axa XL’s international cyber head Tuplin departs
James Tuplin has worked at the carrier for nearly four years and has taken redundancy as the business continues its restructure.
Anna Sagar
,
12 November 2020
Ex-Benfield M&A head McDonald among Conduit Re top team
The Bermudian start-up carrier has identified a team that includes Tristan McDonald as well as another Hamilton alumni Stuart Quinlan.
Adam McNestrie
,
12 November 2020
Conduit's business plan unveiled: $1bn GWP in year 5
The start-up, which is targeting a Day 1 IPO, will target a 5%-6% dividend yield and a mid-teen ROE.
Fiona Robertson
,
12 November 2020
Rayner to exit Apollo Re as Ariel assumes underwriting control
The rest of the Apollo Re team have been put under consultation.
Adam McNestrie
,
12 November 2020
Willis-backed MGA platform Innovisk seeking buy-out
A “change of control” clause also gives hosted MGAs the opportunity to find new platforms if they wish.
Adam McNestrie
,
12 November 2020
Willis acquires climate change analytics company Acclimatise
Purchasing the analytics firm will help Willis meet growing demand for climate change services.
Anna Sagar
,
12 November 2020
TS Eta makes second Florida landfall near Cedar Key
The storm struck a state park area around 135 miles north of Tampa.
Jeff Kuntz
,
12 November 2020
Generali 9-month P&C profit up 19% on lockdown claims fall
Covid-19 claims frequency benefits and a EUR78mn contribution from a recently acquired Portuguese business drive earnings.
Anna Sagar
,
12 November 2020
Willis Re loses 24-strong LatAm team to Guy Carp
The departures include LatAm chairman Tony Phillips and upcoming CEO Cameron Roe.
Adam McNestrie
,
12 November 2020
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