-
The legacy and program specialist is pursuing a $100mn rights issue after the collapse of its sale to 777 Partners-owned Brickell.
-
The company confirmed that shareholders voted against a proposed takeover by the 777-owned insurance arm, after its suitor stated its intention to terminate the deal.
-
The existing $770mn adverse development cover between the two parties has been absorbed as part of the deal.
-
The commercial insurance CEO said that the industry should act now before the cat market reached a point of implosion.
-
The proposal is at the upper end of previous proposals put to the insurer’s board.
-
Premia and Arch are pursuing AmTrust for costs relating to an RITC deal struck as part of the Canopius merger.
-
The new hire joins from Axa XL, with a background at Hiscox.
-
A substantial rise in the value of liabilities transacted during Q1 to $4.2bn was driven largely by Aspen’s $3.6bn LPT with Enstar.
-
An FCA letter to the government suggests various ways to resolve issues around soaring pricing on medium- and high-rise properties with multiple occupancy.
-
The legacy specialist has faced a downturn in profits following a bumper run of results through 2020 and 2021.
-
The two companies will operate as standalone subsidiaries within Marco Capital Group.
-
The carrier has extended the limit to $1.275bn for the year to 31 March 2023.