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Sirius downgraded to A- and placed on AM Best negative watch

Shares in the Bermuda carrier closed down 17.5 percent.

Samuel Casey, 04 March 2020
FedNat lifts Irma, Michael losses by 5% to $1.35bn

The company also added 5.5 percent, to its Hurricane Michael losses, taking the total to $479mn

Lucy Jones, 04 March 2020
Euler Hermes puts group risk underwriting chief in CFO role

Loeiz Limon-Duparcmeur replaces Chantal Schumacher, who moves to a role at parent Allianz.

Laura Board, 04 March 2020
Sirius shares plunge as rights issue spat clouds outlook

The dispute with leading shareholder China Minsheng threatens the (re)insurer's credit ratings.

Samuel Casey, 04 March 2020
Covea pays full price for PartnerRe to pursue reinsurance ambitions

There are no other obvious cash bidders out there for reinsurance-only franchises.

Adam McNestrie, 04 March 2020
Pool Re confirms £2.4bn 2020 terrorism retro placement

Hannover Re takes a key role alongside leader Munich Re in the world’s largest terrorism retrocession placement.

Laura Board, 04 March 2020
Axa XL promotes O’Neill to lead UK downstream and power

The position at the carrier was vacant following the elevation of Peter Welton to UK head of energy.

Samuel Casey, 04 March 2020
Tokio Marine HCC to buy renewable energy MGA GCube

The deal comes as renewable energy rates continue to harden.

Rachel Dalton, 04 March 2020
S&P places Sirius on credit watch negative amid CMIG dispute

The embattled majority owner of Sirius blocked a planned rights issuance last week.

Samuel Casey, 04 March 2020
InsurTech Zego gains French broker licence

The licence will support the InsurTech’s EU growth.

Anna Sagar, 04 March 2020

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