-
He joins the company after 22 years in casualty leadership roles at Chubb. -
Altamont Capital MD Sam Gaynor said the goal is to have fewer programs that can each grow to a significant size.
-
The company saw a 53% decrease in cyber claims after a surge in 2024.
-
Persistent social inflation challenges evident across key long-tail lines at half-year mark.
-
Sources said that the carrier has held preliminary talks with private debt investors.
-
The fundraising focus comes after it was acquired by The Baldwin Group in Q1.
-
Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
-
Despite high profile losses, there’s ample capacity in marine and aviation, while PV has seen healthy profits.
-
All rates were up on a year-over-year basis, except for workers’ compensation.
-
Both executives will be based in New York City.
-
The fundraising round brought in $50mn for the insurer.
-
Reinsurers and their cedants are feeling their books are in better shape, although the market is still uneven.
