Property

Key names taking up senior roles at Validus include Sven Wehmeyer and Pablo Nunez.

The worst of the damage was experienced in Brest, northwest France.

Alexander will join after his competitive restrictions are up.

Hiscox said outflows from the ILS unit were offset by "record returns" in Q3.

The Smart Tracker Syndicate 5623 was established with the aim of delivering a ‘smart beta’ portfolio to investors.

A credit loss owing to a fraudulent letter of credit from Vestto added 1 point to the combined ratio in Q3, insurance president Jeremy Noble told analysts during a conference call.

Tim Mardon will become CUO at Aspen Bermuda Limited and a member of Aspen Re’s leadership team.

The storm caused significant wind damage and flooding across parts of Scotland and England.

Axis set up a new casualty sidecar in the quarter.

Verisk said the majority of the insured losses can be attributed to wind damage.

Commercial insurance pricing remained flat, increasing by 3% globally over the period, the same as the prior quarter.

The firm entered new aggregate excess of loss reinsurance contracts in 2023 that have multiple layers of coverage.