Interviews

Insurance's GWP decline was driven by a couple of programs that were underperforming, while reinsurance's deceleration was driven by a deliberate slowdown in the mortgage book.

The firm closed a ~$1bn debt facility 15 months ago to fuel its expansion plans and is working on a similar structure that will boost its war chest for the near future.

The CEO said he expects the total number of policies from the October takeout to “be substantially lower than 100,000”, roughly around 30% to 50% of the approved figure.

CEO Adam Kembrooke said some markets would struggle to maintain the results they’ve posted historically, after the point of pricing equilibrium in the cyber class.

Fidelis Insurance Group CEO Dan Burrows and Fidelis MGU counterpart Richard Brindle speak with Insurance Insider after the IPO.

Bruce Lucas added that the company is no longer pursuing a Series B round.

In an interview with this publication, the executive added that jury sentiment is driving these large awards.

Katie McGrath said the insurer continues to be deliberate in decision-making amid market opportunity.

The recent merger with Cobbs Allen sets the right platform for the company’s plans, Denson told Inside P&C in a recent interview.

The company is raising a sidecar through JP Morgan for additional capacity from outside investors.

The US retailer’s acquisition of the UK MGA and broking group will be mutually beneficial, according to executives.

The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.