Allied World

MGA Aqueous secures multi-year capacity deal with Sompo and Allied World

Professional indemnity MGA Aqueous Underwriting has secured a three-year capacity deal with Allied World and Sompo.

Fairfax Q1 UW gain down 3% on cats despite improved CR at Allied World, Brit and C&F

Underwriting profits at Fairfax Financial fell 3 percent in the first quarter to $314mn as catastrophe losses within the firm’s P&C operations rose 47 percent to $192mn - from $130mn the year before - and the firm’s consolidated combined ratio rose 0.9pts to 94 percent.

The PM interview: Stephen Leeret

In this month’s issue we talk to Stephen Leeret, senior vice president of Allied World’s North America programs division, about key dynamics driving the sector and what it was like coming in to run the unit in the middle of Covid-19…

Allied World takes Markel’s Leeret to head programs

Allied World has hired Stephen Leeret to run its US programs business after taking the executive from Markel, The Insurer can reveal.

Paragon gets injunction as Allied World program dispute heads to arbitration

A judge in a lawsuit between Paragon Insurance Holdings and Allied World over a wineries and breweries program has granted the MGA an injunction and compelled the dispute to arbitration.

Paragon and Allied World in litigation over wineries program

A wineries and breweries partnership between Paragon and Allied World has gone bad, with the two parties fighting in court over the (re)insurer’s cancellation of the program, The Insurer can reveal.