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Catalina will not mount bid for Maiden: sources
Idea that Catalina could look to derail Enstar LPT with injunction also dismissed by sources.
Adam McNestrie
,
13 November 2018
Fears of $5bn+ insured wildfire losses in California grow
Fire that has hit the town of Paradise has destroyed more buildings than last year’s Tubbs Fire.
Adam McNestrie
,
12 November 2018
Apollo drops Mexican and Caribbean property D&F
Mounting attritional losses prompt a re-think at Syndicate 1969.
Catrin Shi
,
12 November 2018
CBL liquidated in New Zealand court: reports
The carrier’s solvency ratio in 2017 lagged the regulatory minimum by 145 percentage points.
Bernard Goyder
,
12 November 2018
CNA Hardy hires from Chubb for new COO role
The Lloyd’s and company market carrier also draws on a Chubb alumnus for its HR chief.
Laura Board
,
12 November 2018
Maiden stock plunges by almost a third
Investors react to news of a Q3 net loss of $309mn and an 11th-hour loss portfolio transfer.
Charlie Thomas
,
12 November 2018
Markel’s German subsidiary gets clearance for UK branch
The Virginia carrier’s Brexit planning progresses following the authorisation in July of its Munich company.
Laura Board
,
12 November 2018
State Farm and Farmers lead California wildfire exposure
Figures show the two carriers hold almost a quarter of the market.
Charlie Thomas
,
12 November 2018
The I50 outstrips wider indices on Q3 earnings gains
The Insider 50 reached 1,132.6 index points last week as carriers post robust Q3 earnings.
Khilan Shah
,
12 November 2018
AmTrust falls to loss as it takes $22mn reserve charge
Results come as sister company Maiden recognises $210mn reserve charge in AmTrust segment.
Bernard Goyder
,
12 November 2018
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