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The unfunded commitment related to the investment was $24.4mn in 2024. -
The executive will work closely with Kaufman leadership in London.
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John Howard was appointed as an independent, non-executive member.
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The industry needs to find a way to rebalance power dynamics.
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The carrier has seen increased legal system abuse in US small commercial and excess and umbrella.
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Hippo estimated its pre-tax cat loss from the LA wildfires at $42mn.
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Industry veteran Tonya Courtney will lead the company’s newest E&S business.
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The big brokers are lining up London capacity to write follow lines on US risks.
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As of February 14, the company received 405 claims.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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The Insurance Insider US news team runs you through the earnings results for the day.
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RAA president Frank Nutter says he hasn’t been able to get an update on the project from the now Trump-led NOAA.
