Reinsurance News
CapSpecialty
AM Best upgrades credit ratings of CapSpecialty Insurance Group members
13th March 2026
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) for members of CapSpecialty Insurance Group (CapSpecialty), with the outlook revised to stable from positive. The members consist of Capitol Indemnity Corporation, Capitol Specialty Insurance ... Read the full article
Rates will fluctuate, but tightening of T&Cs will be more resilient: TransRe CEO
14th August 2023
Ken Brandt, Chairman, President, and Chief Executive Officer (CEO) of TransRe is feeling positive about current reinsurance market dynamics as it’s about more than just better rates in the property catastrophe space. In a sit-down interview with CapSpecialty, as part of the firm’s 25 Minutes with Cap series of video interviews, ... Read the full article
Alleghany names Adam Sills President and CEO of CapSpecialty
8th August 2022
CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation, has announced that Jack Sennott is stepping down from his roles as CEO, President and Chair, effective August 31. Current Head of Specialty Underwriting, Adam Sills, has been named by Alleghany to succeed Sennott as President and CEO. Sills has served as CapSpecialty’s Head of ... Read the full article
Sennott appointed Chairman, CEO & President of Alleghany’s CapSpecialty
2nd July 2019
Alleghany Corporation has named Jack Sennott as Chairman, Chief Executive Officer (CEO) and President of its commercial property, casualty and surety insurance subsidiary, CapSpecialty, Inc. Sennott previously served as Senior Vice President (SVP) and Chief Financial Officer (CFO) of Alleghany, and is to be replaced by Kerry Jacobs, effective immediately. Jacobs previously ... Read the full article
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