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The top three states averaged a 14% YoY gain, compared to June’s 3.3%.
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This follows the insurer reporting $56.4mn of losses from intellectual property business in Q2.
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This expansion will protect against risks faced by transportation and logistics businesses.
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Securities class actions are a perennial source of claims for D&O insurers.
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As property momentum slows, personal lines excess and surplus could start outperforming.
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The unsafe products were sold on Amazon’s marketplace by third-party sellers.
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In messaging to the market, the cyber insurer described the rating environment as “stable and sustainable”.
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Crashes and collisions accounted for 63% of aviation insurance claims between 2019 and 2024.
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Reserve analysis shows that OL reserving may be insufficient for recent AYs.
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The broker said achieving profitability “remains challenging” for insurers.
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The ratings agency said Sixth Street provides flexibility through long-dated capital.
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The rise is equal to 5%-10% of catastrophe capacity purchased, including cat bonds, depending on region.