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Mitsui Sumitomo seals $400m deal to buy Transverse for US expansion
Insurance
The move signals MSI’s growing interest in the US MGA market.   10 August 2022
Hudson nabs WTW cyber leader to enhance market position
Insurance
The hire has 15 years of cyber and professional liability underwriting and broking experience.   10 August 2022
Lemonade trims nearly 1/3 of quota share reinsurance cession since launch
Insurance
Recent M&A target Metromile sports half the coverage; policies for integration in 2023.   9 August 2022
Insurance
Insurtech ups profit target in peak loss period even while adding in loss-making Metromile.   9 August 2022
Insurance
CNA to join a panel of capacity providers including AXA, Zurich, Hiscox, and AIG.   9 August 2022
Insurance
$200m in reserve releases help hack 5.1 pps from combined ratio to 15-year low.   9 August 2022
Insurance
It has acquired a large employee benefits general agency in the US.   8 August 2022
Insurance
The conglomerate suffered a $53bn loss on its investments in the second quarter.   8 August 2022
Insurance
Third month of gains for P&C carriers as rebound from Oct.’21 pandemic low takes root.   8 August 2022
Insurance
The MGA has hired its first-ever CFO and general counsel of WR Berkley.   8 August 2022

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