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The company said it now expects the transaction to close in H2 2025. -
Competition for specialty reinsurance talent remains high.
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Insurers and distributors must adapt or risk irrelevance.
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The unfunded commitment related to the investment was $24.4mn in 2024.
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The market is up against emerging risks and a whole heap of uncertainty.
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The executive joined the Bancolombia-owned insurer as CEO in early 2020.
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The industry needs to find a way to rebalance power dynamics.
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Hippo estimated its pre-tax cat loss from the LA wildfires at $42mn.
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Industry veteran Tonya Courtney will lead the company’s newest E&S business.
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As of February 14, the company received 405 claims.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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The Insurance Insider US news team runs you through the earnings results for the day.
