Apollo-and-Aspen

Aspen shareholders back $2.6bn Apollo acquisition

2018-12-10T19:34:00+00:00

Aspen Insurance shareholders have voted to accept the $2.6bn takeover by alternative investment heavyweight Apollo Global Management clearing the way for the acquisition to complete next year subject to regulatory approval, according to sources.

CatCo-shares-fall-sharply-i

CatCo CEO Belisle loses $1.8mn on 2018 share buying

2018-12-10T16:27:00+00:00

Markel CatCo’s founding CEO Tony Belisle is sitting on a paper loss of $1.8mn after buying $3mn of shares in his listed fund in 2018 in a flurry of transactions, The Insurer can reveal.

london city lime st

Ed names Draycott next CEO

2018-12-10T11:10:00+00:00

Broking house Ed has named Andrew Draycott CEO-designate.

city skyline London

RFIB swoops on Willis Re for specialty MD

2018-12-10T15:07:00+00:00

Independent wholesale broker RFIB has appointed Kevin Stratton as managing director of its recently restructured specialty business.

Steve-Emmerson-i

Tullett Prebon’s new cat trading platform ILN goes live

2018-12-10T13:40:00+00:00

Tullett Prebon’s new Insurance Linked Notes (ILN) platform has gone live with first official trades expected in the New Year.

CatCo-shares-fall-sharply-i

CatCo CEO Belisle loses $1.8mn on 2018 share buying

2018-12-10T16:27:00+00:00

Markel CatCo’s founding CEO Tony Belisle is sitting on a paper loss of $1.8mn after buying $3mn of shares in his listed fund in 2018 in a flurry of transactions, The Insurer can reveal.

london city lime st

Ed names Draycott next CEO

2018-12-10T11:10:00+00:00

Broking house Ed has named Andrew Draycott CEO-designate.

city skyline London

RFIB swoops on Willis Re for specialty MD

2018-12-10T15:07:00+00:00

Independent wholesale broker RFIB has appointed Kevin Stratton as managing director of its recently restructured specialty business.

Steve-Emmerson-i

Tullett Prebon’s new cat trading platform ILN goes live

2018-12-10T13:40:00+00:00

Tullett Prebon’s new Insurance Linked Notes (ILN) platform has gone live with first official trades expected in the New Year.



Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost

Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost



The ILS holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week

The ILS holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week