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StarStone stops writing US A&H business
Former global A&H head Jeff Herman has also left the role this month after more than two years with the firm.
Bernard Goyder
,
19 November 2019
CAC Specialty deepens ties with investment fund Fortress
The arrangement will allow CAC to offer lending capability to back M&A, growth capital and recapitalisations.
Bernard Goyder
,
19 November 2019
S&P lifts Mapfre Re financial strength rating
The reinsurance business’ financial strength and issuer credit ratings rise to A+ as the ratings agency also upgrades group debt.
Anna Sagar
,
19 November 2019
Moody’s cuts 2020 European insurance outlook to negative
Low interest rates and macroeconomic uncertainty threaten profitability and solvency ratios.
Anna Sagar
,
19 November 2019
Sompo International CEO Frudd moves aside
Mikio Okumura takes the CEO job, while Frudd will retain responsibility for overseas M&A and be a special adviser to the group CEO.
Anna Sagar
,
19 November 2019
UK & Ireland general manager Welsh leaves Hannover Re
The executive focused on casualty classes, including motor, liability and professional indemnity.
Catrin Shi
,
19 November 2019
Japanese insurers’ cat burden eases in H1
Mitsui Sumitomo estimated its Hagibis hit at $2bn while Sompo said it had recovered almost $1bn from reinsurers this year.
Fiona Robertson
,
19 November 2019
Hudson Structure's Millette joins CyberCube board on $35mn fundraise
The ILS firm led the fundraising round at the data and analytics business.
Anna Sagar
,
19 November 2019
Probitas secures capital backing for 20% pre-emption
Smaller Lloyd's businesses have come under scrutiny following a spate of run-offs.
Adam McNestrie
,
19 November 2019
Everest Insurance targets London growth as international rates rise 7%
International CEO Vandendael predicts staff numbers in London and Dublin will rise by about a quarter in 2020.
Laura Board
,
19 November 2019
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