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SiriusPoint to offload 49% stake in Arcadian Risk for $139m
Yahoo Finance· 2025-10-07 17:44
Reinsurer SiriusPoint has agreed to divest its 49% equity stake in Arcadian Risk Capital, a managing general agent, to Lee Equity Partners in a deal valued at $139m. The transaction includes an extended capacity agreement with Arcadian, set to last until the end of 2031. Established in Bermuda in 2020 by industry veteran John Boylan, Arcadian has an underwriting portfolio that includes general liability, excess and surplus casualty, professional liability and property insurance. The company operates acr ...
W. R. Berkley (WRB) Q1 2025 Earnings Call
The Motley Fool· 2025-04-22 20:47
Image source: The Motley Fool. Monday, Apr 21, 2025 CALL PARTICIPANTS Rob Berkley: Chief Executive Officer Bill Berkley: Executive Chairman Rich Baio: Principal Financial Officer Need a quote from one of our analysts? Email [email protected] Net Income: $418 million or $1.04 per share, with 19.9% annualized return on beginning of year equity for Q1 2025. Combined Ratio: 90.9% for 2025, and 87.2% for the current accident year excluding catastrophe losses. Catastrophe Losses: $111 million, primarily from Cali ...