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The state’s Supreme Court upheld two lower court decisions finding no liability.
The Brazilian carrier grew earned premiums to over $100mn in 2024.
The company said the judge overlooked key issues in dismissing its fraud case.
The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
Claude Wade is to step down from his role to address ongoing health issues.
This is the first rate filing to use the recently approved Verisk model.
The move is a retaliation to Howden’s US retail launch.
Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
Sales velocity ticked up to 12.2% in Q2 but has remained steady in the past five years.
Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
Net adverse development for the quarter increased 30% year on year to $89.2mn.
The insurer said it expects to begin writing business by the end of the month.
The executive joins from Coalition and brings more than 30 years of experience.
The Insurance Insider US news team runs you through the earnings results for the day.
The firm’s subsidiary in India paid $1.47mn in bribes to officials at state-owned banks and raised revenue of $9.2mn.
The announcement comes a week after the institutional investor said it would accelerate its pivot to an insurance-led strategy.
Casualty premiums grew 56.7% year on year in Q2 2025.
The Insurance Insider US news team runs you through the earnings results for the day.
This publication revealed two years ago that EQT could lodge a $1bn claim.
She joins the specialty insurer after working at Hamilton as CUO.
The former executive passed away following a 40-year career in insurance.
Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
The Insurance Insider US news team runs you through the earnings results for the day.
The company bolstered casualty reserves by $18mn, mostly from discontinued lines.
Auto, umbrella and excess lines recorded mid-double-digit rate increases in Q2.
Competitor news
What Your Competitors are Reading
Competitor news
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The MGA will likely expand its D&O book as well, but excess casualty will grow faster. -
PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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It makes sense for Next to secure a sale as an exit strategy in an increasingly challenging funding environment.
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From our other titles
From our other titles
From our other titles
From Insurance Insider US
WTW books 5% organic growth in Q2
The R&B unit posted organic growth of 6% in the quarter.
From Insurance Insider US
Conduit reports H1 loss and 122% CoR in ‘period of transition’
The carrier said market dynamics were shifting due to increased capacity.
From Insurance Insider US
HSCM among stock sellers in Slide’s $408mn IPO
Slide is putting faith in tort reforms and will lean into Florida, CEO Lucas said.
From Insurance Insider US
Compre appoints HSCM’s Bardon to newly created CUO role
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
From Insurance Insider ILS
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
From Insurance Insider ILS
Casualty ILS market can double annually in next two years: MultiStrat CEO
Industry sources estimate the market to be around $3bn.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.