Validus
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The Bermudian reinsurer intends to file for local authorisation on or after 8 April.
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Nephila, RenRe and Validus go on the record with this publication on the forthcoming 1 June renewals.
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Settle in for The Insurance Insider’s 12 days of Insurancemas.
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Stephen McGill will lead the platform’s underwriting.
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Validus is also expected to take a $60mn net loss from the Californian events.
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The 2018 conference season has finally come to a close in North America, with the Property Casualty Insurers Association of America’s event in Miami last week bringing the curtain down on this year’s major industry gatherings.
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The fate of staff affected remains unclear as the Lloyd's carrier follows in the footsteps of Beazley and CNA Hardy.
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The reinstatement of US sanctions ends Validus’ Iranian marine cover.
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Corina Monaghan succeeds Jared Kotler, who joined The Hartford in September.
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Transaction numbers fall 21 percent even as the overall value of deals rises to $42bn.
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The former Validus executive takes over from Demian Smith following parent Enstar’s decision to end a sale process for the company.
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