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The carrier will look to expand business outside North America. -
The US sports disability market has been dubbed the “problem child” due to its volatility.
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The carrier has paid $1.75bn on around 9,500 claims filed from the wildfires.
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The Insurance Insider US news team runs you through the earnings results for the day.
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A quick roundup of today’s need-to-know news, including Ches Special Risk, Bowhead, ProAssurance and more.
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Profitability over growth continues to be the company’s “mantra”.
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Sources noted that Dowling Hales is advising the MGA.
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The division is seeking to place underwriters in regions across the US.
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The company has seen favorable underwriting and pricing conditions in excess casualty.
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WKFC’s chief executive D’Onofrio will become RSUM’s global CUO.
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GL and commercial auto rates accelerate at year-end as social inflation worsens.
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The policies represent approximately $35mn of in-force premium.
