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Syndicate 2126 is backed by Blackstone and targets $300 million in gross written premium in 2026

The move follows reserve charges tied mainly to the company’s retail commercial insurance portfolio

The bank posts $5.5 billion after absorbing provisions tied to Madoff litigation and other matters

The acquisition of part of the Bermudian-based reinsurance company for $2.1 billion is a major strategic investment

David Burt also discusses new partnerships and investments in the blue economy at Riyadh forum

Aon finds three quarters of UK organisations have or plan to establish a captive insurer or cell

Underwriting income rises 39 per cent, with continued growth in the company’s insurance business

The bank tops Wall Street forecasts with lower deposit costs and higher banking and foreign exchange fees

The FII9 conference is a global gathering of policymakers, investors and innovators, known as “Davos in the Desert”

The insurer’s quarterly net income grows owing to strong underwriting discipline as cat losses ease