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The subject business of the deal is Ascot’s ~$1bn property portfolio.
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Growth was driven by strong returns and new investors entering the market.
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Portfolios of clients of varying size in the same region aggregate more risk.
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The executive has held senior alternative capital roles at Aon and Guy Carpenter.
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White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.
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The rate change will be implemented in November.
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Nissan and Toyota closed their factories due to the winds.
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The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.
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Citizens’ auto-renewal controls were down from February 2023 to August 2023.
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The ratings agency said comparing companies was complicated by the adoption of IFRS 17 accounting.
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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
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Building better exposure datasets could draw a broader range of investors.