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InsurTech carriers pivot to profitability vs growth.
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The carrier has exhausted the limit of the loss portfolio transfer with Darag on its troubled commercial auto book and is subject to further reserve deterioration.
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Speaking about the recently spun-out HNW MGA, Zaffino said AIG expects to bring on additional capital providers to the subsidiary through H2 2023.
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All eight major market segments had seasonally adjusted prices that were lower year over year in April.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Premium renewal rate increases for most commercial lines of business tracked by Ivans pricing data accelerated in April month on month, except workers' compensation.
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The regional cohort keeps pace with nationals on pricing, and stays ahead on reserving trends.
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The pair will be responsible for managing underwriting activity across their respective lines.
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Aguilera will be joined at the practice by Leidy Rivera, who moved to The Liberty Company after over 12 years at Brown & Brown.
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Client fatigue has transitioned to frustration as buyers face a hard commercial property market and inconsistency of coverage.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.