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Santam gets green light for Lloyd’s syndicate launch
The Asta-managed syndicate aims to commence underwriting later this year.
Rebecca Perkins
,
23 July 2025
Record Alberta floods to cost insurers more than C$1.7bn
June's Alberta floods are now officially the costliest natural disaster in Canadian history, with estimated insured property damage of more than C$1.7bn.
24 September 2013
Everest Re posts strong beat thanks to investments
Everest Re breaks even on underwriting but posts solid investment income.
Iulia Ciutina
,
30 October 2018
Aon ‘doubling down’ on energy and construction markets: Reese
The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
Abbie Day
,
25 July 2025
Validus reports better-than-expected Q4 loss
Validus Holdings turned a fourth quarter operating loss on Superstorm Sandy but still comfortably beat Wall Street forecasts as its bottom line was aided by better-than-expected attritional results and the fillip of reserve releases.
01 February 2013
Cathedral valuation likely to be closer to £200mn than £250mn
Lloyd's reinsurer Cathedral is likely to attract a valuation that is closer to £200mn than £250mn, according to multiple banking sources.
22 April 2013
$213mn Saudi bakery fire to impact Swiss Re
A bakery owned by Saudi Arabian dairy company Almarai was significantly damaged by a fire likely to cost insurers 800mn riyal ($213mn).
Karina Whalley
,
08 December 2014
BMS rebrands as Minova following Capital Z investment
BMS Associates has rebranded as Minova Insurance Holdings following the completion of the $50.7mn investment from private equity firm Capital Z Partners
02 June 2014
BMS attracts $50mn Cap Z injection
Independent broker and managing general agent BMS agreed on 21 May to sell a minority shareholding to US buyout firm Capital Z for $50.7mn, giving it capital to finance its growth plans and purchase stock from former employees.
27 May 2014
BMS CEO Beardmore departs
London-headquartered independent reinsurance and wholesale broker BMS Group parted company with its CEO Carl Beardmore last week.
22 April 2013
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