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Argo puts itself up for sale
Insurance
Argo puts itself up for sale
The re/insurer has retained Goldman Sachs as its financial advisor.   28 April 2022
Arch profit plunges by more than half in first quarter despite growth
Insurance
Arch profit plunges by more than half in first quarter despite growth
But it enjoys 12% higher GWP and 12 percentage points lower combined ratio.   28 April 2022
Early Q2 rate consensus: less lift, but very little altitude lost
Insurance
Early Q2 rate consensus: less lift, but very little altitude lost
Economic and geopolitical scarecrows may keep hard market chasers from flocking in.   28 April 2022
Insurance
Everest Re shakes up Canada operations leadership in expansion move
The reinsurer has appointed a new chief agent and chairman of Canadian business.   28 April 2022
Insurance
Markel to offload MGAs, eyes growth in ILS unit Nephila
Nephila needs to get ‘super-focused’ on its core business.   27 April 2022
Insurance
Markel ups Q1 cessions to ILS unit Nephila 2.7x to 45% of FY21 total
Nephila associate revenues down on AuM decline & Velocity deconsolidation.   27 April 2022
Insurance
‘Magnet for talent’ WTW attracts Sompo GRS CEO for global leadership role
North America corporate risk and broking leader to exit WTW after 16 years.   27 April 2022
Insurance
Canopius nabs new head of marine treaty from Atrium
The executive formerly worked at global brokers Aon and JLT.   27 April 2022
Insurance
Markel doubles underwriting profits, but sinks on equity portfolio
The company’s GWP rises 21% y/y on rates and new business; primary lines lead.   27 April 2022
Insurance
Munich Re, Howden & Skyline tie-up to develop new parametric hurricane cover
The aim is to help stabilise the ‘significantly stressed’ financial systems across the Caribbean.   27 April 2022

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