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The incident highlights the aggregation risk around cloud service reliance.
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Markel executive Alan Rodrigues will lead the unit.
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Average rate increases went to 5.6% in June 2024 from 28.2% in June 2023 .
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The Longtail Re deal buys the specialty insurer time to secure its future, or an exit for shareholders.
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The promotions will help TransRe strengthens its cyber focus.
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The Irish MGA will be able to underwrite commercial property risk up to EUR10mn.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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Fleming files claims against James River, its CEO Frank D’Orazio and group CFO Sarah Doran.
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Longstanding investor Stone Point will continue as a partner and board member.
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