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IAP served as financial adviser to Atri in the transaction.
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A quick roundup of today’s need-to-know news, including Axis, the Federal Insurance Office, ATIC and more.
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The executive had joined the firm from Chubb in May.
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The suit seeks compensatory and punitive damages from 180 defendants.
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The three lines add up to 80% of the deal.
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The Federal Insurance Office has data collected from over 300 insurers.
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The pair will lead crisis management and financial lines, respectively.
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The transaction mostly covers casualty portfolios of 2021 and prior underwriting years.
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Most US states have been silent on the regulation of parametric insurance.
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A quick roundup of today’s need-to-know news, including Axis, CRC Group, Fairfax, California regulations and more.
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The regulations are part of a state effort to expand wildfire coverage.
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The executive will oversee the group’s strategic financial direction.