-
Sources said the Floridian insurer has been working with Deutsche Bank on the listing preparations. -
The executive joins from RenaissanceRe.
-
Chief risk officer Shannon Lucas will move to COO as part of the shakeup.
-
The UK-based insurer’s Florida Re secured state regulatory approval in June.
-
The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.
-
The executive said inflation isn’t completely gone but is now “more understood”.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Slide does expect a “meaningful” amount of takeouts for this month and next.
-
The insurer reached highs of over 1.4 million policies in September 2023.
-
Exposure for California’s Fair plan has jumped, as insurers drop policyholders.
-
Rate pressure on wind and quake partially offset overall Q3 programs growth.
-
The company sees itself in a “very strong position” in the state.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The London-based executive will relocate to Daytona Beach, Florida.
-
SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
-
Critics claim the dispute system denies consumers' key legal rights.
-
The tech subsidiary applied to list its common stock on the New York Stock Exchange under the ticker symbol “XZO”.
-
The insurer booked a $950mn policyholder credit expense in September.
-
Founder Chad King will transition to chairman but continue leading M&A efforts.
-
As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
-
New home sales could be impacted by a prolonged stalemate.
-
She previously served as Hub’s North American casualty practice leader.
-
With the deal, sources expect backers Tiptree and Warburg Pincus to exit the Floridian insurer.
-
Sources said they expect the carrier’s listing to raise about $100mn.
Most Recent
