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Global Indemnity suspends Penn-America sale: Limited read-across for E&S M&A
The suspension of Global Indemnity’s effort to sell its E&S arm is likely specific to the franchise rather than an indicator of a dealmaking slowdown.
Amit Kumar, Maria Lamberton, Husain Rupawala
,
11 December 2023
Connect Underwriting mints emerging markets reinsurance MGA
Brics UW will allow emerging-market reinsurers to tap into London’s distribution.
Catrin Shi
,
08 September 2024
Ariel Re 1910 slashes combined ratio to 47.6% as profits hit £280mn
The syndicate recorded GWP of £705.1mn in 2023.
Aisling Finn
,
28 March 2024
AI could bring InsurTechs back in vogue: Gallagher Re
AI-centred InsurTechs in Q1 accounted for 28% of all deals in the Global InsurTech report.
Abbie Day
,
02 May 2024
Arcadian Risk Capital launches US entity led by Biju Joy
Joy had previously set up the casualty practice at Global Indemnity.
Kyoung-son Song
,
21 March 2024
Acrisure Re executive vice president Wicks dies aged 66
Wicks’ broking career spanned 48 years.
Aisling Finn
,
03 April 2024
Re/insurers
Wefox hires former AGCS leader Müller as CEO
Mark Hartigan will move to chair following a spell as interim CEO.
Rachel Dalton
,
19 September 2024
E&S growth will continue but pace will depend on storm season: Pat Ryan
Ryan Specialty’s CEO opened the Insurance Insider US 2024 conference.
Jairo Ibarra
,
20 June 2024
Global cyber rates fell 6% in Q1 2024: Marsh
Global commercial insurance rates rose 1% in Q1, down from a 2% increase in Q4 2023.
Abbie Day
,
24 April 2024
Swiss Re adds $650mn in US casualty reserves over H1
Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.
Rachel Dalton
,
22 August 2024
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