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It is understood that CyberCube has been considering a sale of the business. -
Ryan Alternative Capital Re was launched in partnership with Axis Capital.
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Lawyers said uncertainty raises litigation risks, and signals from the federal government aren’t expected to help.
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Andrew Robinson returns to Lloyd’s after his previous involvement via The Hanover’s Chaucer deal.
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Growth in the SME sector could help stabilize the market, however.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
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The new MGU is expected to formally launch before the annual WSIA marketplace in San Diego.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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P&C stocks recovered faster than the S&P 500 following a late July dip, but a gap remains.
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The executive has been serving as COO since February.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
