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The Insurance Insider US news team runs you through the earnings results for the day. -
The executive joins from At-Bay and brings more than 25 years of experience.
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The MGA will expand its US reach in apartments, condo associations and single-family rentals.
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Not everyone will emerge unscathed as brokers navigate the slow-growth environment.
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The loss was driven by nat cats and reserve adjustments in US casualty.
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California wildfires account for $40bn of the insured loss tally in H1.
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The gross loss ratio for the homeowners InsurTech fell by 12 points last quarter.
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Commercial liability and commercial property coverage continued to dominate the E&S market.
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With roughly 200 employees, the South American operations generated over EUR130mn in 2024 GWP.
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The company reduced its proportional quota share program from 55% to 20% cession.
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The company also purchased $15mn of SCS parametric coverage.
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The professional lines market remains ‘challenging’ overall, however.
