Dan Ascher
Dan is trying to revive the stereotype of a hard-working, hard-drinking financial journalist. After two years in New York covering the international specialty and reinsurance markets, he has recently returned to London where he can be found propping up the bar in the pubs of Lime Street, trading gossip for beer.
Before joining Re-insurance.com, Dan was with The Insurance Insider for four years after a spell covering Central Asian business and politics, based in Kyrgyzstan.
Contact info
- Tel:
- +44 (0) 203 934 6681
- Email:
- dan.ascher@wbmediagroup.com
NewsCloutier leaves Brit for Aspen
Brit’s executive chairman Mark Cloutier is set to leave for Apollo Global Management to advise on the $2.6bn acquisition of Aspen with a view to taking over at the helm of the Bermudian.
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Aon extends capital advisory offering to Americas
Aon has built on its recently-launched capital advisory practice by extending its offering to the Americas, the broker’s reinsurance arm announced today.
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AmTrust investor asks regulators to block $2.95bn take-private deal
Arca Capital, a significant shareholder in AmTrust, is seeking to block an all-but-done deal that would see the US insurer’s management take the firm private in a transaction worth $2.95bn.
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Markel’s German Brexit hub handed A rating by S&P
Markel’s German subsidiary that was set up to handle European business after Brexit has been given an A rating from S&P.
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Greenlight Re Innovations announces first investment
Greenlight Re’s technology and innovation fund has announced its first investment since it was launched in the first quarter of the year.
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RSA shares plunge after profit warning
Shares in RSA were trading down by almost 10 percent this morning after the insurer warned of “disappointing” results in its London market business.
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Scor accuses Covea of significantly disrupting its business
Reinsurance powerhouse Scor has accused French mutual Covea of “significantly disrupting the functioning” of its business with a “hostile and unfriendly” takeover bid.
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Aquiline puts ERS up for sale
Private equity house Aquiline has appointed investment banks Macquarie and Evercore to explore a potential sale of Lloyd’s motor specialist ERS.
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Dual’s Tamesis takes Love from Hiscox Re
Hyperion-owned specialty excess of loss treaty reinsurance managing general agent Tamesis Dual has appointed Ben Love as director of underwriting.
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KCC pegs Florence losses at $2.5bn
Modeling firm Karen Clark & Company has said losses from Hurricane Florence, which battered the Carolinas over the weekend, are set to reach up to $2.5bn.
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Hiscox to shrink Syndicate 33’s stamp capacity by £200mn next year
Hiscox has announced plans to shrink its flagship Syndicate 33’s stamp capacity by £200mn next year as a crackdown by Lloyd’s performance director Jon Hancock rumbles on.
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Covea mulling another Scor bid: Reuters
Covea is considering another approach for Scor with an offer that would see the French mutual insurer commit to keeping the reinsurance giant listed in Paris, Reuters has reported.
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Most of North Carolina’s flood losses uninsured
Parts of North Carolina remain under water today after Hurricane Florence dumped around 33 inches of rain on to the state over the weekend.
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Brindle adds CUO title at Fidelis as Savill departs
Fidelis boss Richard Brindle has added group chief underwriting officer to his existing responsibilities - as chairman and CEO of the Bermudian - as Ben Savill leaves the (re)insurer.
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China Re confirms $950mn Chaucer acquisition
China Re has confirmed its acquisition of Chaucer in a deal that will see the Lloyd’s syndicate’s current owner, The Hanover, walk away with $950mn unless this year’s catastrophe losses exceed expectation.
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XL delists as Axa deal completes
Shares in XL Group have ceased trading on the New York Stock Exchange after Axa completed its $15.3bn deal to buy the Bermudian, which it says will provide “enhanced diversification and alternative capital”.
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It could be time to shrink Lloyd’s: Hancock
Lloyd’s performance director Jon Hancock has said it could be the time to shrink the size of the market amid a crackdown on underperforming syndicates.
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Ed not under pressure to find a buyer: Hearn
The boss of London-headquartered broker Ed Steve Hearn has said that its owners Lightyear Capital were not pressuring his firm into a speedy sale.
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Fears mount over scale of Typhoon Jebi loss
Typhoon Jebi, which pounded Japan last week, looks set to hit the lower layers of the cat excess of loss treaties bought by the Japanese “big three” insurers MS&AD, Tokio Marine and Sompo Japan Nipponkoa.
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Lloyd’s confirms Neal’s appointment as successor to Beale
Lloyd’s has confirmed that former QBE boss John Neal will replace outgoing CEO Inga Beale, as first revealed by re-Insurance.com yesterday.
