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London market broker M&A: The deals that defined 2022
Major M&A this year has settled the future of a number of players – while the hard market presents an opportunity for challengers.
Rachel Dalton
,
22 December 2022
AM Best upgrades Covéa ratings following PartnerRe deal
The ratings agency said PartnerRe would act as a ‘natural diversifier’ to Covéa’s operations.
Liz Bury
,
21 December 2022
Progressive’s property loss estimate for Ian lowered by $400mn
The updated loss and allocated loss adjustment expenses in the property segment from the hurricane is now $1bn.
Kyoung-son Song
,
21 December 2022
FG Financial Group forms reinsurance sidecar
FGF is a reinsurance and asset management holding company focused on collateralised and loss capped reinsurance and merchant banking.
Farhin Lilywala
,
21 December 2022
White Mountains, Aquiline and Enstar back Ark sidecar Outrigger Re
TigerRisk Capital Markets & Advisory acted as exclusive structuring and placement agent for the reinsurance sidecar.
Farhin Lilywala
,
21 December 2022
Markel to invest as it eyes $10bn-premium insurance arm by 2025: Noble
Group CFO and incoming president of insurance Jeremy Noble has told Inside P&C that the insurance operation is where Markel sees the most upside potential.
Catrin Shi
,
21 December 2022
Axa XL hands Winzap global credit and surety leadership role
Felix Winzap will join the Swiss leadership team following the resignation of Peter Schmidt.
Abbie Day
,
21 December 2022
Aon preps new PV facility Mars as Alpha grinds towards renewal
Progress around placements undercuts the case for an unravelling of the facilities that dominate the market.
Catrin Shi
,
21 December 2022
PPL announces launch date for Next Gen platform
After two delays, the placement platform will be launched on 20 February.
Marcel Le Gouais
,
21 December 2022
Sompo International adds Crozier to casualty team
Christian Crozier joins from Berkshire Hathaway, where he spent five years as a senior casualty underwriter
Aisling Finn
,
21 December 2022
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