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  • Leadenhall Capital Partners announced its assets under management (AuM) had grown by more than $800mn in the past half-year to reach $4.2bn by 1 June as the company was named as an investor in start-up Gryphon Group Holdings.
  • Our P&C non-life (re)insurance index, The Insider 50, posted continuous growth over the past month and rose 1.0 percent last week to 1,099.5 index points.
  • Insurance and reinsurance companies under the ownership of Starr International Company Incorporated (SICO) have recorded a healthy underwriting performance in recent calendar years, led by its North American surplus lines unit.
  • While a soft reinsurance market is positively impacting the Florida homeowners' space, experienced leadership and risk management will be key differentiators as carriers navigate deteriorating underwriting conditions, according to Kroll Bond Rating Agency (KBRA).
  • UK retail and Lloyd's broker Camberford Law is the latest broker to put itself up for sale, The Insurance Insider can reveal.
  • Zurich is bringing an Australian motor liability legacy book to market as the global carrier continues to clean up its back books, The Insurance Insider understands.
  • Cobalt parts with CEO; Faraday US cat departures; Mango leaves Guy Carpenter; BP Marsh backs Ruggieri start-up; Willis Re chief risk officer leaves; CTMA's Schirmer to leave; Arch Re Canada head; R&Q in $46.5mn LPT; Scor enters US medical market; Ogden to cost £3.5bn; Allstate cat losses; Mark Boleat knighted; Sure raises $8mn; UPC exhausts cat retention; Pipoly stays at AmTrust; FCA rebukes Admiral; CBL Insurance backs MGA; Lightning losses climb; CNA creates MGA unit
  • The Hanover Insurance Group has put out firm order terms on its 1 July-renewing core cat programme that suggest an average rate reduction of around 5 percent, The Insurance Insider can reveal.
  • The devastating fire at Grenfell Tower in north Kensington looks set to trigger a myriad of claims across multiple lines of business, with potential triple-digit property and liability losses falling mainly on reinsurers.
  • Early indications suggest the decline in property direct and facultative (D&F) rates eased at 1 July as both binder and open market business renewed between stable and 5 percent down.