-
The carrier is reducing its exposure to quota shares and shifting to XoL. -
Millions are evacuating after one of the strongest earthquakes in modern history.
-
The broker has noted that double-digit reductions are increasingly available in property.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The broker posted a 6.5% drop in organic growth YoY.
-
Mercury’s recovery from the guaranteed percentage of losses is $47mn.
-
Insurers can offer features the beleaguered fund can’t, the MGA said.
-
New business written premiums were up in the commercial and E&S segments, but decreased in personal lines.
-
This brings the carrier’s total limit on the program to $1.8bn.
-
A quick roundup of today’s need-to-know news, including Marsh, Enstar, DExit, and more.
-
Smaller accounts remain less affected by an influx of MGAs.
-
Some E&S business is flowing back to the admitted market but so far it is “anecdotal”.
