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The MGA will have a broad casualty-focused appetite with Lloyd’s capacity backing. -
Frequency has rebounded, while severity has spiked beyond the pre-Covid-19 years.
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The broker has over 30 years’ experience and will be based in Dallas.
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Berkshire Hathaway’s "float" rose to $171bn in 2024 from $169bn in 2023 as Buffett praised Geico’s Todd Combs.
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The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.
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Priorities include risk-based capital modernization and cybersecurity issues.
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The bill was introduced shortly after a similar bill failed in Mississippi.
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A quick roundup of our best journalism for the week.
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This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
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January cat losses continue to run higher than prior years, with no help from latest wildfires.
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Sources said that the MGA has been working with investment bank Waller Helms to find a potential investor.
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Sources said California regulators need to show they’re receptive to private insurer needs.
