Homeowners' insurance
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The carrier's global reinsurance panel is led by Arch Re and encompasses 43 other reinsurers, including multiple Lloyd’s syndicates. -
In connection with the transaction, Amwins and Flexpoint will each appoint a representative to the SageSure board of managers.
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The surge of demand combined with capacity constraints has led to pricing increases across the board.
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With ongoing problems in sourcing low-tier reinsurance capacity, rates are expected to build on last year’s gains.
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Management added that the company also plans to expand into reinsurance to provide capacity in the market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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HCI will own all its stock, launching it with 2.5 million shares valued at $1 per share.
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The aborted listing is the latest piece of evidence around challenges in the listed InsurTech space.
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The state is focusing on “bad actors” who take advantage of homeowners, insurance commissioner Jim Donelon said during a press conference.
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The credit facility will add to Orion180’s current capital base, which will be used for underwriting growth and product line expansion, as well as geographic expansion.
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The private broker said replacement cost values in the homeowners' sector will also go up this year to offset increased construction costs and inflation.
