Articles

Insurance

Fairfax’s RiverStone reveals first Vermont captive acquisition

The runoff specialist looks to take advantage of opportunities in the Vermont captive market.   11 August 2022

Insurance

Tokio Marine’s GCube grows US footprint with raft of new hires

The move is part of its ongoing investment in renewable energy underwriting talent.   11 August 2022

Insurance

AIG pushes life unit IPO to September, says market ‘not conducive’

Q2 market volatility scuttled initial attempt & risked ‘detrimental’ sale.   10 August 2022

Insurance

AIG leverages Lexington E&S tool chest to beat rise in loss cost trend

E&S offers rate plus ‘a lot of interesting t&c’ to put exposures on pace with inflation.   10 August 2022

Insurance

AIG will remedy HNW woes with alt-capital in non-admitted markets

High-net-worth cover pinched by regulators, cat aggregations & skyrocketing reinsurance.   10 August 2022

Insurance

Mitsui Sumitomo seals $400m deal to buy Transverse for US expansion

The move signals MSI’s growing interest in the US MGA market.   10 August 2022

Insurance

Hudson nabs WTW cyber leader to enhance market position

The hire has 15 years of cyber and professional liability underwriting and broking experience.   10 August 2022

Insurance

Lemonade trims nearly 1/3 of quota share reinsurance cession since launch

Recent M&A target Metromile sports half the coverage; policies for integration in 2023.   9 August 2022

Insurance

Lemonade slows growth to avoid squeezing markets for fresh funds

Insurtech ups profit target in peak loss period even while adding in loss-making Metromile.   9 August 2022

Insurance

CNA signs agency deal with broker network Movo

CNA to join a panel of capacity providers including AXA, Zurich, Hiscox, and AIG.   9 August 2022

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