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Markel Catco to return an initial $39mn to investors in wind-down

The Reinsurance Opportunities Fund has started a buy-back process after shareholders voted in favour of a run-off.

Lucy Jones, 13 August 2019
Gardner’s Lockton memo is ‘close to a confession’: NY judge

The judge commented on an alleged plan by three former Guy Carpenter executives to raid their former employer after leaving for Lockton.

Christie Smythe, 13 August 2019
Globe Underwriting names Rossell as head of engineering

The MGA is building an engineering portfolio of construction and operational power risks.

Samuel Casey, 13 August 2019
Small victories may yet be won from phase one of the UK government’s financial services regulation review

Financial services companies and their advisers have little over two months to relay their thoughts to the UK government about regulatory coordination in the first phase of an ambitious review of how the sector is policed.

Laura Board, 13 August 2019
Krosa on course for landfall at tropical storm strength

The storm was predicted to hit Japan as a Category 1 typhoon, but is now expected to remain at tropical storm strength.

Anna Sagar, 13 August 2019
Property InsurTech Handdii raises $1.5mn in seed funding

Greenlight Re Innovations and three other investors participated in the round

Anna Sagar, 13 August 2019
NRA probed by NY regulator over possible insurance kickbacks: report

The move follows regulatory scrutiny in other states over the offering of Carry Guard policies.

Laura Sanicola, 13 August 2019
Anbang hotel portfolio draws interest from Korean financial group: report

The talks represent the latest stage of the carrier’s government-mandated asset sell-down.

John Hewitt Jones, 13 August 2019
Typhoon Krosa to strike Japan as Category 1 storm

The storm follows deadly Typhoon Lekima’s landfall in China over the weekend.

Bernard Goyder, 13 August 2019
Ascot taps Allied World's former Bermuda-based excess casualty team

The team includes Allied World’s Bermudian branch manager for excess general casualty Patrick Kenahan.

Laura Sanicola, 12 August 2019

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