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AmTrust sells personal lines renewal rights book to Liberty

The transaction reflects the seller's drive to focus on commercial lines and value-added services.

Bernard Goyder, March 06, 2020
Insurance stocks fall further than broader market on virus fears

Allstate shares shrink 5.3 percent, while Axis shares lose almost 5 percent of their market value.

Bernard Goyder, March 05, 2020
AmTrust lawyer argues suit over NYSE delisting is ‘meritless’

Investors filed the proposed securities class action last March following the delisting of $1.2bn in preferred shares.

Bernard Goyder, March 05, 2020
Atlantic Specialty settles with NBC Universal over war exclusion

The production company sought coverage after violence in Israel caused it to change filming locations for the show “Dig”.

Christie Smythe, March 05, 2020
Hard Market Watch: CIAB Q4 Edition

The takeaways from CIAB's Q4 survey were continued rate increases in line with market intelligence from companies.

IPC Research, March 05, 2020
Moody’s affirms, AM Best to review Covea rating following PartnerRe deal

S&P had earlier declared the mutual could comfortably digest even a sizeable acquisition.

Samuel Casey, March 05, 2020
Progressive Q4 Call: Homeowners' profitability in focus

Progressive wants to expand the number of agents on its platinum program, which currently make up less than 10% of total agents.

IPC Research, March 05, 2020
Sirius downgraded by AM Best as 'the rock' starts to crush the business; ratings under review with negative implications; shares plunge 17%

AM Best downgraded the financial strength rating of Sirius International to A- from A yesterday following a maneuver by CMIG to block a rights issuance by the Bermudian carrier that has called Sirius’ independence and financial stability into question.

IPC Research, March 05, 2020
Will PartnerRe thrive in Covea’s hands?

PartnerRe's union with Covea gave it access to primary risk, leaving the reinsurer better placed, but the two must still address cultural challenges and the issues PartnerRe has faced in recent years.

IPC Research, March 05, 2020
Lockton Re makes Ross Howard global chair

The former JLT Re chairman rejoins old colleagues including Keith Harrison, who is now Lockton Re International CEO.

Samuel Casey, March 05, 2020

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