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News - Insurance Insider
WEB6 days ago · Nex Group founder Spencer takes 8% stake in Helios. Spencer founded ICAP, later known as Nex Group, in 1986. Rachel Dalton, 23 September 2024.
Dale Underwriting looks to hosting partnerships as growth avenue
WEBJan 17, 2024 · Dale’s stamp capacity for this year for Syndicate 1729 will be £350mn, up 25% from £280mn in 2023. But the CEO said that an important consideration in planned growth was that CVC was aligned ...
Vesttoo liquidation plan confirmation delayed on JPL pushback
WEBFeb 23, 2024 · Procedural expenses in the case have been as high as $100,000 per day. A Delaware bankruptcy court judge delayed parts of a confirmation hearing regarding the liquidation plan for defunct ...
Hannover Re: An opportunistic reserve charge | Insurance Insider
WEBFeb 8, 2024 · It is also worth noting that Hannover Re’s reserve charge of around EUR500mn equates to just 2.3% of its 2022 net earned premium (EUR21.6bn), or 6.2% of its 2022 shareholders’ equity (EUR8 ...
Insurance Insider team
WEBDaily Digest: Top news from 23 September. A roundup of all the news you need today, including the Fidelis Partnership’s $2bn debt refinancing deal. Insurance Insider team, 23 September 2024.
Lloyd’s syndicate results: Top-quartile performers in 2023 revealed
WEBApr 3, 2024 · But eight of the 2023 top quartile’s 20 syndicates managed to move up from one of the poorer-performing cohorts in 2022. Ariel Re 1910, Lancashire 2010 and Blenheim 5886 each improved their ...
Mariners brace for large P&I loss from Baltimore bridge collapse
WEBMar 26, 2024 · The IG secured a 7.5% rate reduction on the first layer of the placement in this year’s renewal, despite wider hardening in the reinsurance market.. Negotiations benefited from a benign period ...
Allstate gets green light for 34.1% rate hike in California
WEBAug 29, 2024 · The California Department of Insurance has approved Allstate’s proposal for a 34.1% rate hike. The rate change will be implemented from November 7, a filing by the Department of Insurance shows.
Unipol forced to renegotiate treaty due to inflated hail loss
WEBMar 26, 2024 · Last summer’s hail loss has crept significantly for many Italian cedants. Italian insurer Unipol has been forced back to the negotiating table with its reinsurers after delivering a significant ...