Reinsurance News
Arcadian Risk Capital
SiriusPoint to sell 49% stake in MGA Arcadian for $139m
6th October 2025
Global specialty insurer and reinsurer SiriusPoint has agreed to sell its 49% equity stake in managing general agent (MGA), Arcadian Risk Capital, to Lee Equity Partners for total consideration of $139 million, inclusive of a pre-close dividend. At the same time, SiriusPoint has announced it has renewed and extended its capacity ... Read the full article
SiriusPoint extends partnership with Arcadian as MGA eyes significant growth
7th March 2023
Specialty insurer and reinsurer SiriusPoint and Arcadian Risk Capital, a Bermuda domiciled Managing General Agent (MGA) backed by the former, have extended their multi-year partnership through 2026 as Arcadian looks to continue with its ambitious growth strategy. Arcadian was formed in October 2020 by John Boylan, a well-known industry executive who leads ... Read the full article
Arcadian & Aviva enter into a D&F property binding arrangement
18th January 2023
Bermuda-based Managing General Agent (MGA) Arcadian Risk Capital has announced that it has entered into a Direct and Facultative (D&F) Property binding arrangement with Aviva. The multi-year agreement, which was arranged by Inver Re, is set to support Arcadian's short tail book of technically-engineered, risk management business, written either as a ... Read the full article
Paddy Cole named SVP, Professional Liability of Arcadian Risk Capital’s Bermuda team
21st December 2022
Managing General Agent (MGA) Arcadian Risk Capital has appointed Paddy Cole as Senior Vice President, Professional Liability of its Bermuda PL team, where he will work alongside Sally Gibson - EVP Professional Liability. He joins from Markel where he served for just under nine years. During his tenure at Markel, Cole served ... Read the full article
Arcadian Risk Capital gets approval for London and Dublin companies
3rd October 2022
Bermuda-based MGA Arcadian Risk Capital has announced that it has received regulatory approvals for new London and Dublin companies. Arcadian UK standalone authorisation was approved by the Financial Conduct Authority on the 12th of August 2022 with Arcadian Ireland authorisation granted by the CBI Central Bank of Ireland on the 9th ... Read the full article
Arcadian appoints Chen Foley as Chief Claims Officer
7th September 2022
Bermuda-based managing general agent firm Arcadian Risk Capital has announced the appointment of Bermudian national Chen Foley as Chief Claims Officer, effective august 8th, 2022. Foley will be tasked with managing all aspects of the Arcadian Group Claims function, ensuring consistent delivery of services in line with the Company’s strategic direction, ... Read the full article
Arcadian Risk Capital (UK) names Hedley Blane as CEO
2nd September 2022
Managing general agent (MGA) firm Arcadian Risk Capital (UK) has a new CEO in Hedley Blane. The news was announced by Blane on his LinkedIn profile. According to the Arcadian Risk website, Blane currently serves as executive vice president of professional liability within the London team. Before joining Arcadian Risk, Blane spent ... Read the full article
Arcadian promotes Nicole Barna to new role
26th April 2022
Arcadian has promoted Nicole Barna to be its executive vice present, head of transactional liability underwriting in addition to her present role as underwriting counsel. According to the firm, Barna joined Arcadian shortly after its inception in January 2021 as a Senior Vice President with responsibility for the development of Arcadian’s ... Read the full article
SiriusPoint backed Arcadian Risk sees GWP hit $225m in first year of operations
1st March 2022
Class of 2020, Bermuda-based Managing General Agent (MGA), Arcadian Risk Capital Ltd, has reported gross written premium (GWP) of more than $225 million in its first full year of operations. The start-up, which is led by industry veteran John Boylan, launched in 2020 with Third Point Re (now SiriusPoint) as ... Read the full article
Arcadian targeting up to $125m of premium for 2021, says Third Point Re
28th September 2020
Bermudian reinsurer Third Point Re, who recently announced an investment and partnership with new MGA Arcadian Risk Capital, has said Arcadian will be targeting up to $125 million of premium for 2021. Third Point Re has made a significant capital contribution to Arcadian and will own a minority stake in ... Read the full article
Third Point Re takes stake in new Bermuda MGA Arcadian Risk Capital
17th September 2020
Third Point Re, the Bermuda-based reinsurance company, has announced an investment and partnership with new managing general agent (MGA) Arcadian Risk Capital Ltd. a start-up led by well-known industry executive John Boylan. Boylan is launching Arcadian Risk Capital Ltd. as an MGA focused initially on underwriting Excess Casualty and Professional Lines ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
