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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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Cedants and brokers are navigating the complexities of varying risk appetites signaled by reinsurers, who are willing to provide more capacity for cat treaty but only at certain layers as they maintain discipline.
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The new financing builds on the $148mn raised to date and follows recent belt-tightening measures that included layoffs.
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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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On a conference call with analysts, CEO Michael Kehoe described high growth rates from over the last five years as an “anomaly” and warned investors of possible "mean reversion” ahead.
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According to a survey, 35% of small businesses do not have general liability insurance, and 39% of those operating for 10 years or more have never updated their GL coverage.
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Inside P&C’s news team brings you all the top news from the week.
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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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Broker consolidation, angst about loss trends in long-tail lines and the confidence of the E&S market were key themes in Colorado Springs.
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The unit will focus on commercial risks with a specialized approach in niche verticals, such as construction, commercial real estate, hospitality, manufacturing and technology.
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It is more dependent on property, and its longevity is uncertain.
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The company’s Monday statement is the latest development in a debacle that could potentially lead to a major loss event for the utility company’s casualty insurers.