-
Sources said the E&S insurer is seeking to draw a line and trade forward as an independent business. -
The wholesaler also paid $11.7mn in cash to Alera for the acquisition of Greenhill Underwriting.
-
The insurer has been focused on growing products with lower cat exposure such as pet and renter’s insurance.
-
The NFIP can take on more debt, but climate-fueled disasters aren’t going anywhere.
-
The broker posted a net loss of $1.67bn including pre-tax non-cash losses.
-
The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
-
The ratings agency said higher attachment points would make 2024 hurricane claims “manageable”.
-
Rate deceleration in property cat increased in September, and property pricing overall was down in Q3.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The sale is expected to close next month, though terms are not yet final.
-
The promotion is effective as of January 1.
-
In the quarter, the company reported a CoR of 92.3%, up two points YOY.
Most Recent
