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Executives emphasized the importance of taking on enough risk to have "skin in the game” in the wake of Vesttoo’s bankruptcy and noted that the use of LOCs may require additional layers of risk management. -
A summary of commentary from the first day of Inside P&C New York, with insights on capital raising, E&S and reinsurance expectations.
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The fac-focused underwriter launched in South Florida earlier this year, providing general liability and PV coverage in Latin American markets.
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The capacity deal is slated for deals with 10/1 effective dates and beyond.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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It is understood that Morgan Stanley was selected as lead underwriter in the process, with Q1 seen as the likeliest timing for a listing.
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Markel Bermuda entered into two collateralized reinsurance transactions with White Rock for the benefit of a segregated account owned by a Vesttoo affiliate.
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GMI’s monoline business auto program targets contractors, artisans, building supply dealers, retailers, manufacturers and wholesale distributors.
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The company is looking to intensify its underwriting focus following the split of Fidelis in July.
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Inside P&C’s news team runs you through the key highlights of the week.
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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.
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