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Ascot will provide up to $15 million in underwriting capacity to Tierra Underwriting, to provide credit insurance in support of green project finance transactions. 12 May 2021
News
The US saw the lowest number of tornadoes in April since 1992, but faces a multi-billion-dollar damage bill following extensive hail impacting highly populated areas of Texas and Oklahoma. 12 May 2021
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ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has partnered with Tierra Underwriting, the managing general agent (MGA) that provides long-term credit insurance to support green project finance transactions. 12 May 2021
News
MS Amlin has appointed Louis De Segonzac as chief underwriting officer (CUO) for the Americas. 12 May 2021
News
PartnerRe reported a loss in the first quarter of 2021 but reduced the scale of its losses compared to the same period in 2020. Jacques Bonneau, PartnerRe’s president and chief executive officer, insisted severe winter storms in Q1 masked the extent of the underwriting improvements it has made. 12 May 2021
News
Maiden Holdings reported healthy year on year profit growth in the first quarter of 2021 as the runoff of its reinsurance business continued, with favourable loss development trends and investment performance contributing to the positive result. 11 May 2021
News
White Mountains Insurance Group reported a loss in the first quarter of 2021, with the chief executive admitting the business had got off to a slow start this year, but stressing the fundamental health of the business. 11 May 2021
Life
Everest Re Group has promoted Jim Williamson, its executive vice president and group chief operating officer, giving him additional responsibilities as the head of the reinsurance division. 11 May 2021
News
SiriusPoint reported its first quarterly results since the company’s creation in its current form, when Third Point Re acquired Sirius Group, making a healthy profit as it looks to build a new business focused on innovation and profitability. 11 May 2021
Life
AXIS Re has created a new division for property reinsurance which operates under the leadership of Ann Haugh as part of a reshuffle of its senior management team. 10 May 2021
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