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Insurance carriers tailor their comments to leave investors walking away with an optimistic view. -
The start-up said its survey shows that SPAC and de-SPAC claims would drive increasing litigation throughout 2022.
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The stock hit new lows after James River booked a $115mn reserve charge and posted a Q4 combined ratio of 140.6%.
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Combined, Warren Buffet’s investment conglomerate has shed over 4.88 million shares of Marsh since the end of June, or more than 92% of its holdings.
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Stock volumes were up, and InsurTech short interest intensified despite significant existing short positions in the stocks.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Investors are taking a second look at private valuations, as they realize that an IPO or a SPAC exit is no longer an attractive option in the short term.
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Insurance stocks mixed following swath of earnings results; Aon gains nearly 7% in Friday trading.
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Harper’s comments follow Kin and Omnichannel mutually agreeing to terminate their previously announced SPAC merger deal due to 'unfavorable market conditions'.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The next generation must stay private longer, employ a partnership approach to capital and take the complexities of insurance more seriously.
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Stock prices fluctuated, and InsurTech short-sellers took some profits.
