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Securis’ Po-Ba departs fund manager
The exit comes ahead of Lloyd’s closure of Special Purpose Arrangement 6129.
Adam McNestrie
,
07 December 2018
Catco shares slump as Liberum warns of redemptions
The ordinary stock loses more than 40 percent of its value on news of investigations in Bermuda and the US and worsening 2017 loss creep.
Sofia Geraghty
,
07 December 2018
Just how important is Markel Catco to the cat reinsurance market?
Just how important is Markel Catco to the catastrophe reinsurance market?
Adam McNestrie
,
07 December 2018
Markel Catco discloses fund’s 2017 loss creep amid probes
News of a steep decline in Catco Reinsurance Opportunities’ net asset value comes after the fund manager’s parent confirmed regulatory investigations.
Fiona Robertson
,
07 December 2018
Markel confirms regulatory investigation of Catco
The investigation is looking into accounting for loss reserves for 2017 and 2018.
Gavin Davis
,
07 December 2018
Enstar completes AmTrust investment
Enstar has completed its previously announced $200m investment in AmTrust.
Gavin Davis
,
07 December 2018
US wildfires may no longer be secondary peril: Aon
US wildfire costs to exceed $10bn for second year in a row.
Marissa Page
,
07 December 2018
US Congress extends NFIP for two weeks
The US Senate is expected to pass a bill from the House of Representatives through.
Marissa Page
,
07 December 2018
XL upgraded by AM Best after Axa deal
The (re)insurer improves its competitive positioning with a stronger rating.
Gavin Davis
,
07 December 2018
AM Best retains stable outlook for US commercial lines
The ratings agency credited risk-adjusted capitalisation and workers’ comp profits as contributing to the segment’s stability.
Marissa Page
,
07 December 2018
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