SCOR in strategic shift to increase US and UK presence as market becomes ‘more disciplined’
But emerging markets also offer further ‘exciting’ growth as reinsurer restructures for ‘fast-growth markets’.
Enstar slams Arch-Watford Re deal; proposes higher takeover bid
Enstar has revised its offer to $34.50 per share and threatened legal action over the Arch deal.
MGA DUAL to deploy Hyperion underwriting capital to boost growth
The managing general agent has hired a new chief underwriting officer from Liberty Specialty Markets.
DARAG sells non-legacy Italian business to NOBIS
The group wants to streamline its operations to focus exclusively on legacy solutions.
Hurricane Delta to cost re/insurers up to $5bn — RMS
Risk modeler RMS expects most insured losses to be from residential lines.
Suncorp appoints Higgins as permanent New Zealand CEO
Higgins was named acting CEO of Suncorp New Zealand in July 2020.
AXA wraps up €1bn sale of Central and Eastern European operations
The deal is expected to improve the group's Solvency II ratio by 2 percentage points in the fourth quarter.
AXIS Re bolsters North American casualty team to take advantage of changing market
The reinsurer has made key underwriting hires from TransRe and Safety National Re.
Enstar strikes first insurance business transfer in the US
The transaction marks the first transfer to occur in the US since the IBT Act went into effect on November 1, 2018.
Berkshire's BHSI hires head of third party lines in Ireland from AIG
The executive was most recently FI and commercial PI underwriting manager for AIG in Europe.
