News

Insurance

The deal must go on: Fleming forced into JRG RE buy from James River

Fleming had last said it was mounting a full scale appeal to the forced purchase.   17 April 2024

Insurance

Beat to launch credit insurance business under former Canopius/Aon veterans

The insurance-focused investor aims to launch ‘truly differentiated’ business in the credit market.   16 April 2024

Insurance

New Lloyd’s coverholder Macquarie will write follow-form for Mosaic

Transactional liability deal with Mosaic fits Macquarie’s target for more MGA premium.   18 April 2024

Alternative Risk Transfer

American Coastal returns to cat bonds after 10-year break, places $200m

The carrier worked via Armor Re, marshalled for issuance of the United Insurance group.   19 April 2024

Insurance

Allstate Q1 nat cat tally tames to $731m versus prior year slaughter

March rose to $328m, chiefly on a single hail event; no mention of convective storm.   18 April 2024

Insurance

Markel snags HDFC ERGO talent to head Indian underwriting operations

The appointee has 20 years’ experience and is expected to enhance growth in Asia.   19 April 2024

Insurance

DARAG buys major UK employer liability captive book

DARAG claims ‘a number of other attractive opportunities’ for M&A in advanced stage.   19 April 2024

Insurance

AXIS Capital nabs talent from Argo Pro to lead its E&O offer in the US

The 35-year Pro-Fin vet brings pedigrees from Western World, Travelers, TM HCC, and USI.   19 April 2024

Reinsurance

Reinsurers show enough cat appetite to clear mid-year Florida renewals

Cedant demand is pushing up the tops of towers, matching reinsurer appetite: GuyCarp.   19 April 2024

Insurance

Lloyd's and insurer Arch deny Nord Stream claim, cite war exclusions

Lloyd’s & Arch also deny application of ICBR clause and further contest limits.   19 April 2024

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