-
The long-time Allianz and Hive executive will be based in New York City.
-
Cavello Bay Re will provide paper for the MGA’s business written out of Bermuda.
-
The Japanese carrier has agreed to buy Aspen for a realization of $3.5bn.
-
The other liability loss ratio continued to rise as workers’ comp and commercial auto reversed course.
-
The all-cash deal values the Bermudian’s stock at a 36% premium.
-
This publication first reported deal talks last week.
-
Last year marked the second consecutive year in which carriers made a positive return.
-
-
Sources said Atlas’ owner is selling the retail agencies but will retain the Hawaii carrier Island Insurance.
-
Capacity has gone up slightly, with new entrants and incumbents feeling better about their books.
-
Kerr will begin a new role as CEO at Market Innovators.
-
Lawmakers are seeking input on risk evaluation, limits and other concerns.