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Mercury to up reinsurance limit by $100mn
The Californian carrier is to revise programme after handing $216mn wildfire loss to reinsurers.
Rachel Dalton
,
April 30, 2019
Catlin and Brand formally launch Convex after $1.8bn raise
Fundraising efforts will continue over the next three months with another close expected to take capital beyond the $2bn mark.
Laura Sanicola
,
April 30, 2019
Summit Risk Advisors completes $100mn debt raise
The Florida insurance agency is looking to fund acquisitions with new financing.
Bernard Goyder
,
April 29, 2019
Catlin and Brand’s Convex gets A- from AM Best
The new specialty (re)insurer is getting ready to launch, and has been given an A- rating by AM Best.
Christopher Munro
,
April 29, 2019
Donegal delivers beat in Q1 with strong underwriting
The insurer posted operating EPS of $0.26 in Q1 2019, well above analyst estimates.
Iulia Ciutina
,
April 29, 2019
Argo improves on expense ratio amid clash with activist
Argo Group beat earnings expectations with a 12.4 percent increase while also cutting down corporate expenses.
Dan Lukpanov
,
April 29, 2019
Rate increases outpacing losses: CNA
Executives are optimistic about the insurer’s ability to drive stronger returns given rate trends.
Bernard Goyder
,
April 29, 2019
Mercury General EPS up on underwriting performance
The specialty auto insurer beat EPS consensus for Q1 by 10.1 percent.
Gianluca Casapietra
,
April 29, 2019
Kemper reports strong Q1 driven by specialty P&C
The insurer's earnings per share (EPS) rose by 36.4 percent from the prior-year period.
Gianluca Casapietra
,
April 29, 2019
CNA Financial underwriting weaker due to Q4 cat drag
The results benefit from higher alternative investment income, which offset a weaker underwriting performance.
Gavin Davis
,
April 29, 2019
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