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Covéa pledges to respect Scor ownership ceiling
CEO Thierry Derez takes temporary leave from the Scor board, while insisting the company won't breach the 10 percent shareholding threshold stipulated in a deal which expires in April.
Bernard Goyder
,
27 September 2018
In the race at modelling companies to produce loss forecasts much gets lost
AIR’s Mangkhut loss forecast had more exclusions than the liability cover of an ageing US sitcom star.
Laura Board
,
27 September 2018
Corporate solutions is a segment where it makes sense to play but profitable growth is tricky
In theory doing insurance for big business should be very similar to selling reinsurance.
Mark Geoghegan
,
27 September 2018
Ardonagh hires Turnbull as specialty CFO
The former RFIB CEO will replace Russell Benzies next week.
Catrin Shi
,
27 September 2018
Zurich to buy Indonesia's Adira for $414mn
The Swiss carrier pays an implied multiple of 22.1x 2017 earnings for the P&C insurer.
John Hewitt Jones
,
27 September 2018
Ardonagh confirms £165mn Swinton purchase
The buyer says it will "monetise" certain Swinton assets and draw on committed bank debt to help finance the deal.
John Hewitt Jones
,
27 September 2018
Berkshire Hathaway’s insurance group has its outlook revised by S&P
SF: The change to stable reflects the continuing capital strength of the insurance units.
Ted Bunker
,
27 September 2018
Ategrity goes live in E&S market with an A- AM Best rating
Ex-Scottsdale president Mike Miller’s Ategrity is backed by Stuart Zimmer.
Ted Bunker
,
27 September 2018
Former XL Catlin strategist Nobles hired by Blackstone’s BIS unit
Blackstone’s insurance unit also brought on AIG veteran Molly Sheinberg.
Marissa Page
,
27 September 2018
Zurich creates engineering team to enhance cyber offerings
Zurich has beefed up its cybersecurity practice to help clients and mitigate claims.
Marissa Page
,
27 September 2018
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