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Swiss Re shelves ReAssure IPO
The decision jeopardises an additional $1bn share buyback, although the reinsurer still plans to eventually deconsolidate the business.
Laura Board
,
11 July 2019
Arcus 1856 hires active underwriter from RenaissanceRe
Alex Shepherd joins from the role of property head at Syndicate 1458.
Laura Board
,
11 July 2019
Jim Beam blaze to cost cargo market up to $150mn
The warehouse fire is the latest stock throughput loss to hit the beleaguered marine market.
Chris Munro
,
11 July 2019
ProSight IPO: Leverage-driven ROE improvement may be hard sell to investors
Financials show recent results driven by leverage and lower quality earnings improvement.
Gianluca Casapietra
,
11 July 2019
Industry facing $1bn of US cat losses in June: Aon
Total economic losses are not expected to surpass $1.5bn, the broker outlined in its latest monthly catastrophe update.
Emmanuel Kenning
,
11 July 2019
Atlas offshoots placed into rehabilitation by Illinois regulator
The operations are making moves to help protect the business as an ongoing concern.
Christopher Munro
,
11 July 2019
Farmers’ cat programme renews up around 25 percent
The personal lines giant has reined in its loss estimate for Camp Fire as other cedants show creep.
Adam McNestrie
,
11 July 2019
Kemper shifts classic auto business to Hagerty
Classic car specialist Hagerty builds out its portfolio with the addition of the circa $16mn Kemper book.
John Hewitt Jones
,
11 July 2019
NHC on watch for Louisiana impact from storm Barry
Early range outlooks suggest a possible Category 1 landfall impact in Louisiana.
Fiona Robertson
,
10 July 2019
Insurers braced for $830mn of European storm claims
The series of storms caused economic losses of $2bn, figures from Aon show.
Emmanuel Kenning
,
10 July 2019
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