Interviews

Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.

Management added that the company also plans to expand into reinsurance to provide capacity in the market.

In an interview, CEO Bill Johnson addressed reports of agency partner concerns, the firm’s unaudited financials, its performance and 2023 targets.

Pina Albo spoke to Inside P&C on the heels of her appointment to the organization’s chairmanship for a two-year term since January.

The MGA is also looking at securing a captive wholesale broker, and a niche play within reinsurance broking.

Last week, SiriusPoint and Compre signed an LPT deal covering $1.3bn of reserves.

The insurer will continue growing via M&A and is looking for $50mn-$500mn specialty businesses with strong leadership to expand its portfolio.

The executive didn’t provide a target for the number of investments it expects to keep, but said SiriusPoint will not be an active acquirer in the near term.

The company plans to provide both primary and excess layers coverage across the region, depending on the opportunities in each territory.

In an interview with this publication, the CEO admitted the transition “took longer than any one of us would have wanted”.

Skyward shares shot up over 27% this morning to $19.15 per share, a development which will likely be closely watched by some carriers with IPO aspirations.

The insurer secured 22 investors with its first public cat bond offering, having previously done a private deal.