Treaty Reinsurance
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The company listed on the Nasdaq in March via a reverse merger with Tiberius.
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All employees received a one-off special bonus in June using the company’s unused travel and entertainment budget. -
To what extent reinsurers will pick up a share of BI exposures is a thorny question.
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Watford is reportedly evaluating a bid from Arch amid heightened pressure from shareholders to pursue strategic alternatives.
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Though a buy-in from Arch may still be the most likely outcome, there are potential alternative paths that could make the transaction less than smooth.
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Hurricanes Isaias and Laura produced the bulk of losses for the insurer, which is drawing down on an aggregate cover.
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The two CEOs say the combined entity will focus on emerging risks, new forms of capital access and “under-served” pockets of the market.
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The former Verto CEO is fundraising to begin writing as an MGA in 2021.
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Who is raising it, how much it will cost, and how best to use it – a round-up of the key points from the second day of (Re)Connect virtual conference.
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By 13:00 London time yesterday, (Re)Connect conference delegates had heard insight from the CEOs of entities controlling $80bn of non-life reinsurance business.
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The move follows Third Point’s $788mn takeover agreement for the (re)insurer.
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The carrier did not give a gross loss estimate, but has added $39.2mn of reinsurance cover for a second event.
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