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Last year marked the second consecutive year in which carriers made a positive return.
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Cat losses in July were below historical trends, but all eyes are on peak hurricane season.
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The insurer has chosen a “take two” deal after buying Endurance, betting again on Bermuda.
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This publication revealed yesterday that the two were in detailed takeover talks.
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This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
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Sources said that detailed discussions have taken place, with a clear path to a deal.
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The deal was announced last month.
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The company said the judge overlooked key issues in dismissing its fraud case.
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Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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The CEO said the carrier will prioritise margin over top-line growth.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.