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California wildfire losses will be significant but still manageable for Bermuda (re)insurers, John Huff said, as local carriers are leaning into specialty lines growth. -
Tactics underwriters employ to manage cyber risk are maturing, as well.
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The investment supports Coalition’s goals for its active insurance offerings.
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Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale.
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A quick roundup of our best journalism for the week.
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Insureds, however, are often reinvesting savings into purchasing increased limit.
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The MGA’s US clients will now have access to London market capacity.
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Cyber premiums dropped 1.8%, while commercial auto was up 8.9%.
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This year's modelled outputs have increased across all return periods.
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CEO Tom Kang said Converge will now be able to deploy a total of $10mn in limit in certain segments.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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Jason Hart, head of proactive cyber, was also promoted to managing director.
