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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The agency cited SiriusPoint’s recent management moves including lower cat exposure as a driver of the change.
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Commercial property premium growth declined 18% in Q1, as rates fell 20%.
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Sources said the firm retained Ardea to run the process.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The program will offer liability coverage up to $5mn per occurrence.
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The company’s diverse portfolio could provide protection, but has heavy exposure in construction and transportation.
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The MGA will focus on insurance for agents, carrier partners and clients.
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The only major product line to see rate increases was casualty.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Severe weather in March drove monthly and Q1 losses to historic highs.
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The specialty insurance platform has now exceeded $3.1bn in premiums.
