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Washington hands London market a Brexit lifeline
The bilateral covered agreement will replicate the deal struck last year with the EU.
Bernard Goyder
,
12 December 2018
Lincoln Financial announces Athene reinsurance transaction
Capital generated from the transaction will largely fund share repurchases of up to $500mn.
Marissa Page
,
12 December 2018
Blue Capital estimates $17mn in Michael and wildfire hit
The company cautioned that its actual losses “may ultimately differ materially” from the estimate.
Marissa Page
,
12 December 2018
Enstar forms $470mn JV with Allianz and Hillhouse
Bermuda-based Enhanzed Re will assume both non-life and life risk.
Adam McNestrie
,
12 December 2018
Axis CEO Benchimol extends contract for five years
The Bermudian also said that it had agreed a revised severance package with the executive.
Christie Smythe
,
12 December 2018
Citizens recommends 8.2% rate hike for 2019
The recommendation follows a 6.6 percent increase that was approved for this year.
Christopher Munro
,
12 December 2018
Axa XL promotes Chokshi, hires Smid as E&S leaders
Chokshi takes over leading the binding authority and brokerage business from Karl Fischbach.
Laura Sanicola
,
12 December 2018
Crichton joins Blanch’s growing Coin Re platform
New broker start-up Coin Re has brought in property reinsurance veteran Andy Crichton to its growing team.
Sofia Geraghty
,
11 December 2018
Willis appoints North American construction head
Bill Creedon returns to Willis, where he previously spent eight years in various leadership roles.
11 December 2018
Wildfire losses for 2018 could top $20bn: CoreLogic
The November wildfires alone are expected to cost anywhere from $15bn to $19bn.
Marissa Page
,
11 December 2018
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