-
The Insurance Insider US news team runs you through the earnings results for the day. -
The figure was 54% above the 21st century average.
-
The appointment follows a series of moves across the Miami treaty sector over the past 12-18 months.
-
Regilio will lead a sales team to “expand market share and forge strategic partnerships”.
-
The move comes after Argo Pro announced it will exit professional lines.
-
Cat activity was a “modest” $175mn for Q4, but still up year over year.
-
Losses from the larger fire will amount to $20bn-$25bn, the modeler said.
-
The insurer also added $150mn cat coverage while reducing the total ceded premium for this treaty.
-
Cat losses rose to $175mn, fueled by Hurricane Milton and higher Helene estimated losses.
-
Disclosures show the insurer has roughly 4,300 homeowners’ policies in effect in fire-impacted zip codes.
-
Most carriers paid more in homeowners’ claims than they collected in premiums.
-
BroadStreet took the lead as the most acquisitive brokerage last year with 90 takeovers.
