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Trouvaille II raised $580mn for 2025, compared to $325mn in 2024. -
Insurance Insider US revealed last December that the firm had retained RBC to run a strategic process.
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Researchers are predicting 17 named storms and four major hurricanes.
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The executive will continue to lead personal lines and core commercial.
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The insurer also pointed to accelerating growth, M&A to come, and a sub-30% ER.
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Korte had been serving as interim president of the unit since December.
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The costs of accident/casualty-related claims continue to rise.
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Universal submitted allegedly ineligible claims to the Florida fund.
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California, Texas and Florida rose 15.7% in February and 29.1% in January.
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Allianz has previously entered several capacity arrangements with the MGA.
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The amount of change over the past year falls short versus the discourse.
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Capital funding new litigation dropped 16% YoY, however.
