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Beazley shares surge after placing
The firm sold 78.5 million shares at 315 pence to support expansion and bolster its balance sheet.
Anna Sagar
,
19 May 2020
London market in ‘good shape’ amid US E&S growth: London Matters
Emerging markets and reinsurance remain areas of vulnerability, the study for the LMG finds.
Bernard Goyder
,
19 May 2020
ICA appoints Commonwealth Bank of Australia exec as new CEO
Andrew Hall replaces Rob Whelan in September.
Anna Sagar
,
19 May 2020
S&P revises global reinsurance outlook to negative
The ratings agency predicts an aggregate 2020 combined ratio of between 101 percent and 105 percent, and possibly higher.
Anna Sagar
,
19 May 2020
There are whole groups of people for whom working from home is narrowing the scope of their professional lives
There are whole groups of people for whom working from home is narrowing rather than expanding the scope of their professional lives.
Fiona Robertson
,
19 May 2020
Beazley places £247mn in shares at 4.9% discount
CUO Adrian Cox takes the largest slice among management as the (re)insurer equips itself for expansion.
Anna Sagar
,
19 May 2020
Industry ‘well capitalised’ despite Covid-19 impact: AM Best
The ratings agency reports the results of a stress test carried out on 1,400 companies.
John Hewitt Jones
,
19 May 2020
Pria bill draft would raise federal backstop to $750bn
The latest version of Congresswoman Maloney’s bill would increase the scheme’s ceiling by $250mn.
John Hewitt Jones
,
19 May 2020
Apollo among Sirius bidders as final round deadline nears
At least one other PE house is understood to remain in the process.
Adam McNestrie
,
18 May 2020
Louisiana BI bill modified to drop retroactive measures
Senator Ward told this publication the amended legislation would protect both carriers and policyholders.
John Hewitt Jones
,
18 May 2020
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