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The CPI all-items index moderated to 3.1%, vs a 3.4% YoY rise for December. -
The new line is in addition to its existing Bermuda and US excess casualty products.
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Is this a temporary spike or the start of a multi-quarter trend?
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This follows a record-breaking $63bn of premium and 24.1% growth for 2022.
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The Bermudian’s reserves will be on watch when its Japanese parent reports earnings.
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The changes will be up for discussion at a March 26 public hearing.
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The fronting company has been expanding its surety business in the US.
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The company is aiming for a 2024 Florida rollout, offering HO-3 and DP-3 policies.
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The carrier said it has acted prudently on 2016-19 GL loss trends.
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RPS saw organic growth of 12% in Q4 of last year.
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The broker has been adding to its capabilities in the region.
