News

Reinsurance

TWIA may target $3.35bn reinsurance purchase for above $400m

The purchase is well over initial budget and could yet grow further as TWIA book expands.   21 February 2024

Reinsurance

Ascot launches marine and energy treaty reinsurance business

The re/insurer has tapped Validus Re and Lancashire talent to lead the unit.   21 February 2024

Reinsurance

Conduit Re can hold start-up growth mode into 2025 if market holds

Conduit Re still has capital to spare and sees smooth ride to target as the firm matures.   21 February 2024

Insurance

Lloyd’s CEO hails new general counsel as ‘role model’ for future leaders

Lloyd’s confirms permanent successor to Peter Spires as general counsel.   20 February 2024

Insurance

Marine MGA Amphitrite gets FCA approval

Amphitrite is backed 100% by Bermuda-based Arch Capital Group.   26 February 2024

Reinsurance

Conduit Re leaps to first major profit, retains upstart growth pace

Underwriting earnings rose 18x; nat cat dearth plus new T&C left loss register clean.   21 February 2024

Insurance

QBE reveals executive director for international markets

The appointee will also take responsibility as joint active underwriter of Syndicate 2999.   26 February 2024

Reinsurance

Conduit Re grows 38% at 1.1, extending pivot to preferred lines

Property and specialty books grow in excess of 50% at 1.1; casualty contracts.   21 February 2024

Reinsurance

Swiss Re calls 1.1.2024 ‘market peak,’ now nat cat dependent for 2024

Comments follow Swiss Re’s 2% decline in inflation- and risk-adjusted pricing at the 1.1.   20 February 2024

Insurance

US giant Truist to sell insurance brokerage business in $15.5bn deal

Truist Insurance portfolio includes McGriff, CRC Group and Crump.   20 February 2024

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