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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
US wildfire losses to top $8bn: Impact Forecasting
Over 10,000 structures have been destroyed in California alone, Aon said.
Jeff Kuntz
,
12 November 2020
Talanx’s industrial lines profit drops 84% in Q3 on Covid-19
The business segment, which includes HDI Global Specialty, has already exceeded its full-year large loss budget.
Samuel Casey
,
12 November 2020
Upstream energy: The search for a market-changing loss goes on
The Hammerfest loss is thought to be ~$500mn and well spread around the market.
Anna Sagar
,
12 November 2020
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