Sompo
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The agreement for the casualty facultative reinsurance business comes after up-for-sale Maiden struck deals with Enstar and TransRe.
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The Bermudian carrier has hired David Adams, previously of Maiden Re, to lead the new unit.
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SF: The new unit will be led by Sompo’s SVP of risk control, Victor Sordillo.
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Slice Labs aims to use the cash to respond to robust demand for its cloud services.
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The executive joined from AIG a little over a year ago.
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The German reinsurer’s gross written premium rose to $37.8bn to reclaim the top spot in AM Best’s rankings.
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The carrier received permission to set up its EEA subsidiary in April.
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DePiero will lead on cyber within the US professional liability team.
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The former Endurance business’s $70mn profit was $3mn lower than this time last year. -
The college alleges that 13 carriers are in breach of contract for not covering costs, including a $500mn settlement.
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The A+ FSR grades given to Lexon and Bond Safeguard reflect their new parent’s backing.
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Tysers’ cargo cover binder will pick up $50mn of the XoL reinsurance policy.
