Articles

Insurance

Ledgebrook ventures into A&E space with Obsidian led by ex-Chubb veteran

The hire spent 12 years at Chubb, rising to senior underwriting officer.   21 June 2024

Insurance

New insurance facility launches in complex Californian property market

Its strategy is to enter complex markets that standard carriers have exited.   21 June 2024

Insurance

Allstate suffers $1.5bn gross hit from May surge in storm activity

Q2 2024 2M price tag is now ahead of the already notable prior year pace.   20 June 2024

Insurance

D&O insurance barks, but does not bite; profits may roll on: AM Best

After the best margins in a decade, carriers feel ‘little pressure’ to hike rates.   19 June 2024

Risk Management

AmTrust MGA ANV expands transactional risk offer to US, starts from R&W

The new unit will be led by execs hailing from Chubb and Vale Insurance.   18 June 2024

Insurance

US property rates in E&S market settling down, but softening distant

Another year of strong profits needed for the market to turn ‘truly’ soft: RT Specialty.   17 June 2024

Insurance

KBRA warns: Florida remediation may always be too little, too late

Restructuring and capital consolidation can’t fend off outlook downgrade as losses stack up.   17 June 2024

Insurance

E&S eclipsed in Florida homeowners; big growth is everywhere else

State insurer Citizens caught it all on the market’s way down; admitted surges on rebound.   14 June 2024

Insurance

Markel taps ex-AXA XL talent to head North American Fine Art ambitions

Markel sees ‘significant potential’ as collector base and art valuations grow.   13 June 2024

Insurance

AM Specialty drives further into E&S with key acquisition

The deal brings in a national program administrator, MGA, and surplus lines broker in one.   13 June 2024

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