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Top Stories / Ad / Most Recent
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Axis’ pivot away from property reinsurance comes just as the sector reaches one of the biggest inflection points. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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In a Q3 earnings call today, Arch CEO Marc Grandisson also told investors that events like Hurricane Ian “almost always result in opportunities”.
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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 two Lloyd’s players are the first to bring sidecars to market as they seek to capitalize on surging projected returns.
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The average impact of Ian on shareholder equity was higher for Floridians (25.5%) than European reinsurers (7.4%) and Bermudians (6.5%).
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Arch’s estimate is commensurate with a range of expected insured losses across the global P&C industry of $50bn to $60bn.
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The executive will report directly to SiriusPoint CEO Scott Egan, who joined SiriusPoint from RSA in early September.
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The full-year results for 2021 also show the Bermudian start-up held $333mn of net premiums written, as at December last year.
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Neches will also join the board of directors of the Bermuda-based company, effective immediately.
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The shares expected to be bought back in the tender offer represent around 11.5% of White Mountains' shares outstanding as of August 19.
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