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Everest Syndicate 2786 cleared for 30% capacity increase
The £177mn of 2020 capacity includes paper for medical SPA 1892.
Laura Board
,
15 November 2019
Vibe underwriters seek new backing after run-off decision
Staff explore funding for an MBO or merger after management calls time on the syndicate.
Rachel Dalton
,
15 November 2019
Rolls-Royce renewal delayed until year end
The postponement of one of the aerospace market's largest accounts comes amid a long-running coverage dispute.
John Hewitt Jones
,
15 November 2019
Pioneer is on life support after almost a decade of weak underwriting
Ten days ago, I said that Pioneer CEO Andrew McMellin would need to pull a Houdini act to find the capital to keep Syndicate 1980 going.
Adam McNestrie
,
15 November 2019
Allianz gets green light for Chinese company
Regulatory approval follows Allianz’s purchase of stake in Taikang.
Rachel Dalton
,
15 November 2019
S&P revises Argo US ratings outlook to negative
An SEC investigation into corporate perks suggests “potential shortcomings in Argo’s governance framework”, S&P said.
Bernard Goyder
,
15 November 2019
Talisman sued by Louisiana museum over surety claim
The dispute is the fourth such case filed against the insurer in recent months.
John Hewitt Jones
,
15 November 2019
Former Hiscox USA CUO joins AllDigital Specialty
The move is a coup for the InsurTech, given Hiscox’s position at the forefront of digital distribution in the US commercial insurance market.
Bernard Goyder
,
15 November 2019
Lemonade IPO shelved despite improving profitability
The offering was put on hold amid fallout from the scuttled WeWork deal and reduced enthusiasm for Slack and Uber.
Anna Sagar
,
15 November 2019
Burns & Wilcox recruits Torres from AmWins following CRC defections
Wholesale broker Burns & Wilcox has named Suzette Torres as Houston office managing director.
Bernard Goyder
,
15 November 2019
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