Arch Capital
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CFO Morin said Arch was able to deploy more capacity, resulting in a significant premium growth for property lines.
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Sources suggest that, based on a multiple of 15x-17x Ebitda, the business could be valued at £300mn-£375mn.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The executive, based in Morristown, New Jersey, will be responsible for the company’s US reinsurance operations.
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Under terms of the partnership, Arch Capital has acquired a minority stake in the Bermuda-based MGA.
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Inside P&C’s news team runs you through the key highlights of the week.
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Reinsurers have mostly grown since before the Covid crisis, but the type and timing of growth affects value creation,
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Early private deals have provided far more stability in this year’s renewal than last.
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Everest Re’s $1.5bn capital raise could be part of a continued pivot, or an early indicator of a shifting marketplace.
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The pair will be responsible for managing underwriting activity across their respective lines.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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