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Markel ILS unit Nephila bleeds assets again, despite premium surge
Alternative Risk Transfer
Despite some stabilisation from end-2022, AuM for the ILS house is down 1/3 from peak.   2 August 2024
SiriusPoint nearly doubles Q2 profit, MGA consolidation paying off
Reinsurance
The re/insurer trimmed expenses and benefited from a jump in other revenues.   2 August 2024
Troubled insurtech unicorn formerly backed by Hollywood actor exits key market
Insurance
The company has cut back its underwriting and some of its top leadership in a turnaround effort.   2 August 2024
Technology
Funding to support its MGA programme, tech expansion and select M&A.   2 August 2024
Reinsurance
ILS starts the heavy lifting from the $340m mark, less than half the prior year trigger.   2 August 2024
Insurance
CEO Gayner is encouraged as ‘corrective actions’ in key product lines start to pay off.   2 August 2024
Insurance
The deal comes six months after it merged with GMBC.   2 August 2024
Reinsurance
It says new franchise an opportunity to meaningfully expand reinsurance capabilities.   1 August 2024
Insurance
Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch.   1 August 2024
Insurance
Allianz Global Corporate & Specialty to provide capacity for the solution.   1 August 2024

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