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Karen Clark pegs Cristobal losses at $150mn

The estimate for the third named storm of the season covers privately insured wind and storm surge damage.

Anna Sagar, 10 June 2020
Lockton Re to scoop up Aon retro execs Bisset and Foreman

Bisset has worked at Aon and legacy entities for more than 20 years.

Fiona Robertson, 10 June 2020
Lancashire shares make double-digit gain after placing

UBS analyst Jonny Urwin calls the raise “a big statement” that endorses hard market sentiments.

Samuel Casey, 10 June 2020
Fidelis raises $500mn of new equity to support growth

ADIA, Crestview and CVC back a fundraise equivalent to 45 percent of pre-transaction equity.

Adam McNestrie, 10 June 2020
Ransomware attacks surge by 25% in Q1: Beazley

Cyber incidents involving manufacturers jumped by 156 percent, according to the study.

John Hewitt Jones, 10 June 2020
In the post-Covid market, it looks likely that MGAs with scale, expertise and access to capital will win

In the post-Covid market, it looks likely that MGAs with scale, expertise and access to capital will win.

Catrin Shi, 10 June 2020
Lancashire raises £277mn in placing

The 3.6 percent discount to the undisturbed share price is the narrowest of the recent stock issues by the London-listed specialty trio.

Samuel Casey, 10 June 2020
Texas storms cost $1bn in cat-hit May: Aon

US convective storm losses have already topped $13bn for the year.

Samuel Casey, 10 June 2020
Lancashire targets £287mn equity capital raise

The carrier joins London-listed rivals Beazley and Hiscox in positioning itself to take advantage of pandemic-era rate growth.

Rachel Dalton, 09 June 2020
BP Marsh ‘earmarks’ available cash for current portfolio: Topping

The investor’s 17 investee companies expect no major problems from Covid-19, the chief investment officer says.

Anna Sagar, 09 June 2020

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