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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago. -
Specialty was the busiest segment but still recorded a YoY drop of seven points.
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In a state prone to SCS, wind, floods and freezes, carriers are still fighting for market share.
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Cedants are opting to bank double-digit savings as reinsurers fight for market share.
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Ackman will need leaders like Ajit Jain behind him and make the right bets at the right price at the right time.
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Lower rates, more favorable policies and improved public cyber infrastructure are all contributing to the trend.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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The deal valued the tech-driven broker at over ~21x 2025 adjusted Ebitda, suggesting a hefty premium.
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Trump’s shadow loomed over the beachside sessions.
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MGAs going public is now a viable option, but dominating a market comes first.
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NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
