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The ratings reflect the balance sheet strength of parent Core Specialty.
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The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.
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The broker has seen an “outpouring of interest” from talent looking to join since the Truist exit.
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Citizens’ auto-renewal controls were down from February 2023 to August 2023.
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Clients are taking advantage of market conditions to restore coverage limits.
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In July, The Woodlands Financial Group closed its IPO of 11 million Class A shares with gross proceeds of $187mn.
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The ratings agency also assigned the insurer an a- issuer credit rating.
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The company yesterday promoted Jenna Ziomek to P&C leader for PE and M&A.
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A quick roundup of today’s need-to-know news, including Definity, and hires at Chubb and WTW.
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Deal sizes also remain high, with EVs in July averaging over $440mn.
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Included is the full utilization of $25mn available under its cat aggregate treaty.