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AerCap subsidiary receives $500mn payout from Russian airline

Celestial Aviation Services received $501.5mn relating to 14 aircraft that were stranded in Russia as a result of the ongoing conflict with Ukraine.

Aisling Finn, 25 October 2023
Sompo International hires RSA’s Pope and Travelers’ Harris for middle market

The carrier is looking to extend its insurance offering to mid-sized UK businesses.

Samuel Casey, 25 October 2023
LMG to host inaugural Apprenticeship Discovery programme

The programme follows the recently launched Futures Academy from the LMG, which aims to shift the age profile of the London market.

Abbie Day, 25 October 2023
HDI Global to open Portugal branch in Lisbon next year

The company has been operating in the country under freedom of services for two decades.

Samuel Casey, 25 October 2023
R&Q shares lose 67% of value since Accredited deal announcement

Shares continued to slide in trading on Tuesday, falling by a further 31%.

Samuel Casey, 25 October 2023
Dale names Prebensen independent non-executive chair of group board

The appointment will be effective upon completion of CVC’s move to buy a majority holding Dale Underwriting Partners.

Abbie Day, 25 October 2023
Arch expands cyber team in France

Pierro will be responsible for establishing operations in France and growing the company’s European cyber insurance portfolio.

Abbie Day, 25 October 2023
Baden-Baden 2023: Property per-risk, SRCC and casualty treaty dominate discussions

Reinsurers are also determined to secure structural changes and payback from Italian, Slovenian and Turkish cedants at 1 January 2024.

Rachel Dalton, 25 October 2023
AM Best revises Accredited's under review status to developing

The revised status follows the recent announcement that R&Q Insurance Holdings has agreed a sale of its Accredited program.

Abbie Day, 25 October 2023
Carlyle pulls plans to sell Sedgwick minority stake

Sources said the PE heavyweight shelved the stake sale plans earlier this year as multiples in the adjusting segment remain under pressure.

Jairo Ibarra, 24 October 2023

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