Around 20 private equity (PE) houses provide direct or indirect support to insurers operating at Lloyd’s,...
AM Best goes negative on State Farm's A++ rating
AM Best has revised the outlooks to negative on the State Farm Group's A++ (Superior) financial strength ratings because of private passenger auto...
AM Best has revised the outlooks to negative on the State Farm Group's A++ (Superior) financial strength ratings because of private passenger auto...
Article / 4 hours ago
Flux Syndicate 1985 replaces Vesttoo capacity as Beazley, Chaucer remain silent
Lloyd's start-up syndicate Flux has cancelled and replaced its Vesttoo capacity with that from at least one A rated traditional carrier, but fellow...
Lloyd's start-up syndicate Flux has cancelled and replaced its Vesttoo capacity with that from at least one A rated traditional carrier, but fellow...
Article / 3 days ago
Allianz UK fights back in Mishcon de Reya-led group Covid BI claim
Allianz has hit back at a multi-million pound claim brought by a policyholder action group, telling London's High Court that the claimants' business...
Allianz has hit back at a multi-million pound claim brought by a policyholder action group, telling London's High Court that the claimants' business...
Article / 3 days ago
Core Specialty lines up JP Morgan and Goldman Sachs to lead upcoming IPO
Core Specialty has appointed Goldman Sachs and JP Morgan to lead a planned public listing of the firm, with sources indicating the investment banks...
Core Specialty has appointed Goldman Sachs and JP Morgan to lead a planned public listing of the firm, with sources indicating the investment banks...
Article / 3 days ago
Brillante Virtuoso fraud: Lessons for marine insurers
An award-winning book, a radio series and a multi-million dollar fraud are not the first things to come to mind when discussing marine insurance....
An award-winning book, a radio series and a multi-million dollar fraud are not the first things to come to mind when discussing marine insurance....
Article / 4 days ago
Ark Underwriting lands Liddell and six SiriusPoint A&H underwriters
Lloyd's-Bermuda (re)insurer Ark Underwriting has landed a seven-person accident and health team from rival SiriusPoint following the recent resignation of its global...
Lloyd's-Bermuda (re)insurer Ark Underwriting has landed a seven-person accident and health team from rival SiriusPoint following the recent resignation of its global...
Article / 4 days ago
Swiss Re's Americas reinsurance CEO Isherwood to exit at end of September
Jonathan Isherwood, Swiss Re's CEO of Americas reinsurance, will leave the company at the end of September, The Insurer can reveal....
Jonathan Isherwood, Swiss Re's CEO of Americas reinsurance, will leave the company at the end of September, The Insurer can reveal....
Article / 4 days ago
CatIQ: Storms in Alberta and Prairies to cost carriers C$300mn+
Insurers are facing at least C$300mn in losses following several storms that tore through Alberta and the Prairies in recent months, according to an initial...
Insurers are facing at least C$300mn in losses following several storms that tore through Alberta and the Prairies in recent months, according to an initial...
Article / 5 days ago
Aviation lessors notify insurers of fresh settlement talks over seized aircraft
A number of aviation lessors have notified their insurers that they are pursuing talks with Russian airlines and their insurers to settle disputes...
A number of aviation lessors have notified their insurers that they are pursuing talks with Russian airlines and their insurers to settle disputes...
Article / 5 days ago
Brit shows blueprint on how Apollo may exit $3.5bn+ Aspen
Aspen's successful turnaround under the leadership of Mark Cloutier has seen the company return to profitability and reposition itself – in Cloutier's...
Aspen's successful turnaround under the leadership of Mark Cloutier has seen the company return to profitability and reposition itself – in Cloutier's...
Article / 5 days ago
