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GRP in talks with PE houses as it looks for new backing
The broker consolidator is basing discussions on Ebitda of more than £50mn.
Adam McNestrie
,
27 September 2019
Rate rises ‘imperative’ for profitability: Whitt
Further rate rises “aren’t just a nice to have”, Markel’s co-CEO said on Thursday.
Christopher Munro
,
27 September 2019
RMS pegs Faxai insured losses at $5bn-$9bn
The estimate comes after AIR last week estimated claims from the catastrophe at between $3bn and $7bn.
John Hewitt Jones
,
27 September 2019
Scor backs digital MGA Branch
The French reinsurer is providing paper to support bundled homeowners and auto policies underwritten by the InsurTech.
Bernard Goyder
,
27 September 2019
Senate stamps NFIP short-term funding extension
The continuing resolution will keep the NFIP running until at least 21 November.
John Hewitt Jones
,
27 September 2019
Tech unlikely to revolutionise run-off claims: Catalina’s Cashin
John Cashin said the legacy space is too complex to be easily tackled with technology solutions.
John Hewitt Jones
,
27 September 2019
ProAssurance rating outlook drops to negative amid medmal troubles
Ratings agency AM Best has affirmed the Birmingham, Alabama-based carrier's financial strength rating (FSR) of A+ while revising the outlook.
Christie Smythe
,
26 September 2019
Willis names Peiser as global head of broking
Peiser replaces Philip Smaje as global head of broking.
Christopher Munro
,
26 September 2019
Aioi pullback intensifies Lloyd's trade capital crunch
Sources had already estimated that capacity in the £2bn market could fall by 20 percent for 2020.
Adam McNestrie
,
26 September 2019
AIG hires Argo's Eccles as global aerospace head
The carrier also confirms the appointment of Chubb upstream energy chief James Langdon as UK energy and construction head.
Samuel Casey
,
26 September 2019
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