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Martello Re mulls growth with $1.3bn capital raise
Reinsurance
Martello Re mulls growth with $1.3bn capital raise
It entered the reinsurance market with MassMutual and HSCM backing in early 2022.   24 July 2024
Markel expands casualty underwriting leadership
Insurance
Markel expands casualty underwriting leadership
A 30-year industry exec with Chubb/AIG pedigree to lead Markel’s casualty suite of products.   24 July 2024
Penn Mutual to sell $150bn asset manager to global PE giant
Insurance
Penn Mutual to sell $150bn asset manager to global PE giant
Fitch views the sale as ‘opportunistic’.   24 July 2024
Insurance
Davies appoints deputy CEO of North America
The appointee recently joined Davies from the Brown & Brown acquisition deal.   24 July 2024
Insurance
Insurance might not be fashionable, but it’s a great career choice
Good mentors will provide opportunities to develop and progress, says young leader.   24 July 2024
Insurance
WR Berkley clears Crowdstrike IT outage with no material losses
The company considers the incident a ‘wake-up call’ on systemic risks.   24 July 2024
Insurance
OneAdvent strikes capacity deal with hybrid fronting insurer
It will provide capacity to underwrite waste management & recycling risks.   24 July 2024
Insurance
MGU Carbon to launch new Lloyd’s Syndicate 5757 in January 2025
Carbon looks to access the expansive US programme market.   23 July 2024
Insurance
Auto liability wears ‘largest bullseye’ for social inflation: Berkley
Problems clearly spread to umbrella, but ‘no evidence’ of broader liability contagion.   23 July 2024
Reinsurance
Bermuda reinsurer to change name
The move follows its acquisition of two leading US life and annuity companies.   23 July 2024

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