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AmTrust International taps former Canopius Group CFO to board

AmTrust also named Peter Farrell AmTrust as CFO / head of investments at International Underwriters DAC, and appointed him to its board.

Thorsten Schier, 27 March 2023
Rate rises on Japanese wind treaties set to land around 20%

Reinsurers are also increasing their attention on per-risk contracts protecting Japanese interests abroad.

Rachel Dalton, 27 March 2023
Echo Re hires former Axis Re LatAm leader Krenboeck as regional manager

In addition, Echo Re recruited Ariadna Garcia as senior underwriter for LatAm and the Caribbean.

Jairo Ibarra, 27 March 2023
PRA to scrutinise liquidity risk among insurers amid banking crisis fallout

The PRA will undertake work to understand liquidity risk across insurers, after liquidity crises that have engulfed Silicon Valley Bank, Signature Bank and Credit Suisse.

Marcel Le Gouais, 27 March 2023
AGCS builds in marine liability with ex-Liberty underwriting manager Taylor

Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.

Samuel Casey, 27 March 2023
First Citizens to buy Silicon Valley Bank for up to $500mn

In addition to the loss-share transaction, First Citizens has agreed with the US regulator to share losses to provide future protection against potential credit losses.

Aisling Finn, 27 March 2023
Brazaline sues collection of 11 insurers in latest High Court battle

The Lloyd’s syndicates named in the trial include Tokio Marine Kiln’s Syndicate 510 and Syndicate 1880, Liberty Managing Agency, MS Amlin and Munich Re.

Aisling Finn, 27 March 2023
Tysers takes Primassure’s Moore and looks to grow in energy

The broker focused on African, North Sea and Latin American business at Primassure and has 30 years’ experience.

Samuel Casey, 27 March 2023
Acrisure Re appoints Ed Broking’s D’Arcy as facultative reinsurance EVP

Jennifer D’Arcy will be responsible for building out the carrier’s fac strategy for North America from London.

Abbie Day, 27 March 2023
AnaCap sells minority stake in MRH Trowe to TA Associates

The private equity house first made a significant investment in MRHT in early 2021.

Samuel Casey, 27 March 2023

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