-
Frontier’s employees, including director and co-founder Peter Brodsky and CEO Derek Winch, will remain in their current roles. -
The two parametric businesses will be brought together as the UK and German governments sell out.
-
The vehicle will focus on middle-market transactions in the US and Europe across the insurance value chain.
-
The firm has moved to defend its plans against a rival strategy supported by a small group of investors.
-
The carrier has agreed to acquire the former Credit Suisse ILS unit, following the acquisition of sister company Humboldt Re in 2021.
-
Financials Acquisitions Corp is looking to extend its merger deadline and raise “substantial” extra funds.
-
Removing any competitor is a positive for ILS peers in a competitive time for fundraising, but it is not clear how much of a boost this will give RenRe.
-
The takeover will push it up two places to rank as the fifth-largest writer of P&C reinsurance by gross premium.
-
AIG will invest a significant amount into Fontana and DaVinci.
-
The Bermudian reinsurer launched a public offering of 6,300,000 common shares and anticipates raising around $1.15bn to finance the transaction.
-
The deal includes AIG's AlphaCat platform.
-
The AJ Gallagher-owned ILS services provider is expanding its footprint globally.
