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HCI beats Q2 expectations as it lifts Irma loss estimate
The Florida-based insurer expects $326mn in gross losses from the hurricane, up 27 percent on its previous forecast.
Fiona Robertson
,
03 August 2018
AIG profits wane as combined ratio weakens
AIG’s general insurance business also hit the bottom line as investment income fell.
Anthony Baldo
,
03 August 2018
Assurant sells its mortgage solutions business to Texas company
Xome paid $35mn in cash for the operation.
Laura Sanicola
,
03 August 2018
Hurricane outlook eased by Colorado State forecasters
Cool mid-Atlantic surface waters cited as forecasters predict below normal activity.
Sofia Geraghty
,
03 August 2018
Validus Holdings executives set to leave after AIG deal close
CFO Jeff Sangster (pictured) and COO Michael Moore are among the planned departures.
Adam McNestrie
,
02 August 2018
Liberty ups political violence capacity to $250mn
The carrier’s new wordings will be written on both Lloyd’s and company market paper.
John Hewitt Jones
,
02 August 2018
Decision on Aspen sale process due 'relatively soon': O'Kane
The CEO hinted at deal timeline on conference call where he gave relatively little else away.
Matt Neill
,
02 August 2018
RKH upstream energy head departs
Jonathan Smith has left as RKH continues to reorganise its lines of business.
Adam McNestrie
,
02 August 2018
Greenlight Re plans $100mn convertible stock offer
The proceeds will be used in part to repurchase up to 1 million Class A shares.
Laura Sanicola
,
02 August 2018
Aspen pulls out of three Lloyd’s classes
This publication understands Aspen will either look to strike renewal rights deals on the aviation, marine hull and international professional indemnity books, or put them into run-off.
Catrin Shi
,
02 August 2018
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