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Intact addressing UK performance via rate, risk selection, market segments: CEO Brindamour
The executive noted that Intact has exited C$500mn of business, with a CoR over 110% in the UK&I segment.
Jairo Ibarra
,
08 February 2023
James River places casualty reinsurance business up for sale
Howden Tiger Capital Markets again has a mandate to find a buyer for Bermuda-based JRG Reinsurance Company.
Adam McNestrie
,
08 February 2023
Howden-Tiger to launch Middle East treaty operation with Samengo-Turner hire
The launch comes after the unit created its MGA and programme business SabRe.
Rachel Dalton
,
08 February 2023
Aircraft lessor hits back at insurers in battle for $43mn claim
Falcon 2019-1 Aircraft 3, an entity managed by Dubai Aerospace Enterprise, is suing its contingent war insurers for $43.4mn but, if that fails, is also suing its all-risk insurers for the same amount.
Aisling Finn
,
08 February 2023
CCR enters exclusivity with French mutuals for CCR Re sell-down
The international reinsurance unit booked almost EUR1bn in revenue in 2022.
Rachel Dalton
,
08 February 2023
Brookfield to acquire Argo in $1.1bn deal
The consideration represents a 48.7% premium to Argo’s share price before the sale of its Lloyd’s business.
Rachel Dalton
,
08 February 2023
Apollo enters drone market, provides capacity to Moonrock
Founded in 2016, Moonrock provides coverage for larger commercial drone operations.
Abbie Day
,
08 February 2023
Hannover Re’s Althoff: Expanded retro cover provides dry powder for 2023
The carrier has increased its retro capacity by 56% to EUR1.34bn.
Rachel Dalton
,
08 February 2023
Marine market ‘surprised’ by ‘pronounced’ reinsurer reaction to Ukraine: Iumi
The Iumi president said there were hundreds of millions of dollars’ worth of vessels still stranded in Ukraine.
Samuel Casey
,
08 February 2023
Beazley appoints ex-Phoenix CEO Bannister as chair designate
The executive is set to replace David Roberts as chair.
Rachel Dalton
,
08 February 2023
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