Ratings agency says the capital inflow in 2020 reflects lack of other opportunities for investors.
The news follows the acquisition of Marsh’s UK Networks business as GRP focuses on the retail commercial market.
The insurer wants to narrow its focus on businesses where it can generate attractive returns.
Twelve Capital expects further growth of its cat bond strategy in the coming months.
The company increased its market share across all other lines of business including hull and energy.
The exec has worked with AIG in a variety of roles and spent 10 years in the London market.
The new hire has worked at AXA XL, AmTrust Financial and Flagstone Re.
SCOR hails success in COVID-19 stress test with strong topline growth but profits plunge 44% in 2020
CEO Kessler says the group is 'very well positioned' to scale its global platform and seize market opportunities in 2021.
The Lloyd’s broker will retain its identity in Latin America and Asia following the UK rebrand.
The appointee was most recently chief underwriter for casualty & specialties at MSIG Europe.