Treaty Reinsurance
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This comes after Everest Re previously let a mid-year renewal lapse, with ILS capacity scarce.
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Far Horizons Capital is also suing JP Morgan for misrepresenting the reinsurer’s prospects when it was founded.
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The execs are set to leave the firm after a combined 26 years at Argo and its predecessor companies.
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Executive says he has “never seen Fairfax shares sell at a bigger discount to their intrinsic value”
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Sirius’ ownership and governance structure still creates scope for progress to signing to be complicated.
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The action follows news last week of a $610mn capital injection from PE investors into the US operations.
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The legacy transaction will cover loss development at the carrier's operations, including its E&S business.
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While many brokers are embracing clearing platforms, some firms feel threatened by the technology.
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As fundraising accelerates, we believe that capital formation coming in the front door as equity capital must be viewed in the context of alternative capital leaving through the back.
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ADIA, Crestview and CVC back a fundraise equivalent to 45 percent of pre-transaction equity.
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InsurTech details fac, proportional and per-risk cover in IPO filing.
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Hannover Re’s Henchoz elected vice-chair of the 12-company-strong forum.
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