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Compre and SiriusPoint agree $1.3bn LPT for reinsurance business
The deal is the latest incidence of bumper transaction size in the legacy space.
Samuel Casey
,
02 March 2023
Beazley has seen ‘temporary dampening’ from Lloyd’s war exclusions: Cox
With the new war exclusions starting to take effect from Q4 last year, the executive expects a disorderly few months before the market reaches equilibrium.
Abbie Day
,
02 March 2023
Fidelis denies total loss in AerCap court battle
The carrier set out a string of defences in the $3.5bn suit.
Rachel Dalton
,
02 March 2023
InsurTech Vesttoo lures Howden Tiger’s Cheney
William Cheney is set to join the firm as head of insurance US later this month.
Abbie Day
,
02 March 2023
Inver Re appoints MS Amlin’s Thomas as global head of property reinsurance
Alun Thomas will report to Bermuda CEO Chris Bonard.
Ayesha Venkataraman
,
02 March 2023
Chubb Tempest Re promotes Ashley to lead international P&C reinsurance
Wayne Ashley will report to Jim Wixtead, senior vice president of Chubb group and president of Chubb Tempest Re.
Ayesha Venkataraman
,
02 March 2023
Pen Underwriting promotes Breslin to MD of specialty division
Sarah Breslin is to replace Steve Thornett, who has left the business.
Ayesha Venkataraman
,
02 March 2023
Beazley shares down 7% as profit for 2022 drops by 48% to $191mn
The carrier said an investment loss of $179.7mn largely offset 14% GWP growth over the period.
Abbie Day
,
02 March 2023
Scor global P&C Q4 profit down 20.3% to EUR149mn as investment income drops
Analysts question a 24% Q4 earnings miss as the company cuts its dividend.
Rachel Dalton
,
02 March 2023
Renewables conditions diverge between onshore and offshore through 2023
Underwriters are responding to onshore losses in 2022, but offshore continues to attract new capacity.
Samuel Casey
,
02 March 2023
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