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M&A suits are a ‘drive-by shooting’: Greenberg
The Chubb CEO hit out at the wave of litigation which often follows acquisitions.
Bernard Goyder
,
July 24, 2019
Catco capacity withdrawal opened door for RenRe offerings: O’Donnell
Half of the $700mn capital raise was allocated to DaVinci “based on opportunities arising from organic growth”, he said.
Laura Sanicola
,
July 24, 2019
Hippo raises $100mn in funding round led by Mary Meeker’s Bond
The Series D funding round values the MGA at over $1bn, crossing the unicorn threshold.
Bernard Goyder
,
July 24, 2019
AIG warns of mounting D&O climate change litigation risk
On releasing its inaugural climate-related financial disclosures report, the carrier names its first chief sustainability officer.
Anna Sagar
,
July 24, 2019
Market firming income-driven, not capital driven: Greenberg
The Chubb chairman and CEO says a broad acceleration of rate growth is sustainable.
Gavin Davis
,
July 24, 2019
KCC puts California quake total loss at $200mn
The insured loss will be under $40mn, according to the modelling firm.
Emmanuel Kenning
,
July 24, 2019
Commercial Lines: Pain > gain? ¯\_(ツ)_/¯
In P&C, good news is often bad news, and bad news often forebodes better times ahead. New data points yesterday gave plenty of both…
IPC Research
,
July 24, 2019
FedNat closes up 6.35% after Capital Returns makes activist move
Capital Returns has nominated a new board member before seeking discussions with FedNat’s management over various strategic matters.
Christopher Munro
,
July 23, 2019
Broker M&A reaches record levels: Optis
In the past 12 months, a record 665 broker transactions have been announced, according to boutique investment bank Optis Partners.
Laura Sanicola
,
July 23, 2019
RenRe reports earnings win, $700mn capital influx
The reinsurer beat estimates of $3.71 per share and reported raising $700mn in capital through third-party vehicles.
Gianluca Casapietra
,
July 23, 2019
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