Articles

Insurance

BMS reels in third major PE investor to pony up £355m for new growth

Existing management and PE supporters remain firmly in place for pending growth phase.   3 January 2023

Insurance

New Lloyd’s-backed syndicate enters US cyber market with ex-Aspen leaders

The Pelican-backed syndicate can write upto $50m in gross premiums for 2023.   3 January 2023

Insurance

Retro pinch pushes 1.1 reinsurance renewals to 37% rate on line gain

Some US cedants went home with incomplete programmes, driving further Q1 demand: Howden.   3 January 2023

Insurance

DARAG seals $15m reinsurance agreement with large US carrier

The legacy acquirer sees an uptick in appetite for legacy solutions in North America.   3 January 2023

Insurance

January 1 got done in property cat, albeit at a price: Gallagher Re

It may have cost some dearly, but select contested structures survived the renewals.   3 January 2023

Insurance

Merx Aviation files suit against Lloyd's and band of specialty insurers

Financing SPVs of the Apollo group lessor lost seven aircraft after Russia sanctions.   3 January 2023

Insurance

Howden buys Spanish broker for European expansion; triples 3Y turnover

Following the deal, Howden Iberia to exceed €100m in revenue, €700m in gross written premium.   3 January 2023

Insurance

Helios adds Lloyd's capacity in year-end M&A drive

Three new targets, led by Risk Capital UTG Ltd., bring £5.7m in new capacity.   3 January 2023

Insurance

Florida reforms bear long-term gain, leave short-term pain: Fitch

Florida-focused carriers remain in reinsurance bind; what they can’t fund, taxpayers will.   23 December 2022

Insurance

Talanx sells shares of its Hungarian subsidiaries to Corvinus

Talanx wants to focus on profitable growth in its core markets.   22 December 2022

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