-
Swyfft is one of Clear Blue’s largest partners, writing nearly $135mn of premium of its $519mn portfolio in 2022, according to its NAIC annual statement. -
The start-up was previously targeting a $75mn raise. Investor meetings started last week and will continue into next week.
-
With Maui wildfire investigations beginning to point the finger at Hawaii Electric, it’s possible the insurance industry will see things play out as they did with PG&E in California, but the smaller scale of local utilities suggests lower potential recovery for insurers.
-
Inside P&C’s news team runs you through the key highlights of the week.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The development in reconstruction costs and contingent BI claims may put the ultimate sum beyond current estimates.
-
The business is set to launch as the fronting market passes through a tumultuous period following the revelation of a major fraud involving Vesttoo.
-
Sources said SVP Crystal Greene along with VPs Carol Smith and Devon Lay and assistant underwriter Maggie Holland are joining Distinguished’s new D&O unit.
-
The carrier was originally in the market for extra capacity at January 1 before pulling plans.
-
According to NCCI, sector-wide accident year ratios for 2022 clocked in at 98%, while calendar year ratios came in at 83%.
-
In contrast, cyber pricing continued slowing down as Q2 rates increased 3.6%, compared with 8.4% in Q1 and 15% in Q4 as the space was hit by increased competition.
Most Recent
