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The transaction mostly covers casualty portfolios of 2021 and prior underwriting years. -
This is CRC’s first purchase since parent TIH sold retail broker McGriff to MMA.
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Maria Long joins the cyber insurer from Munich Re as the company's deputy CUO.
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Insight into the current state of the insurance M&A market, powered by the Insurance Insider US M&A Deal Tracker.
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Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
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The company has been buying out Omers’ shares since 2015.
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The carrier has used Lloyd’s London Bridge 2 structure for the launch.
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More competitive pricing is predicted for the commercial insurance market.
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The promotions are in the commercial/life and personal/specialty operations.
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Third-party liability, auto, medmal and premises liability remain challenging.
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Wildfire risk destabilized the state’s market, spurring regulator attention.
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The carrier has seen two other exits from its US tax team this year.
