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Markel Catco fund to monitor management following CEO exits
The London Stock Exchanged-listed Catco Reinsurance Opportunities pledges to "keep investment management arrangements under review".
John Hewitt Jones
,
21 January 2019
AmTrust to delist preference shares from NYSE
The move follows the November closing of the $3bn buyout of the carrier’s common shares.
John Hewitt Jones
,
21 January 2019
AM Best removes Kemper from under review
The rating actions followed the close of a deal with Infinity Property and Casualty.
Marissa Page
,
19 January 2019
Markel Catco’s Belisle and Fredricks leave immediately
The two CEOs leave the troubled business after the discovery of what parent company Markel called “an undisclosed personal relationship”.
Christopher Munro
,
19 January 2019
Chubb facing $585mn pre-tax Q4 cat hit
Insurance giant Chubb has confirmed the California wildfires and Hurricane Michael will take a $475mn pre-tax toll on its bottom line.
Christopher Munro
,
19 January 2019
Markerstudy agrees Co-op underwriting deal for £185mn
Qatar Re-backed Marketstudy is expected to acquire the Co-op's CIS General Insurance in the second quarter.
Laura Sanicola
,
19 January 2019
Under the oversight of Ed Hochberg, JLT Re North America has developed into a platform that has impressed many
The new-look that the enlarged Marsh & McLennan Companies business will have post the JLT merger is beginning to become clearer.
Christopher Munro
,
19 January 2019
Axa XL completes European subsidiary Dublin move
The carrier received in-principle approval to move XL Insurance Company to Ireland late last year.
John Hewitt Jones
,
19 January 2019
EMCI reports $18.5mn catastrophe hit, sinking Q4 results
The California wildfires accounted for the biggest proportion of the company’s catastrophe exposure.
Marissa Page
,
18 January 2019
Liability market faces potential $2.6bn loss bill from US utilities
Recent notifications from PG&E, Edison and NiSource have led the market to question the insurability of utility liability risk in the commercial excess casualty market.
Catrin Shi
,
18 January 2019
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