SiriusPoint

The partnership will launch with NIP’s landscaper program.

Larson and Godlis will be based in New York and Mohamed will be based in London.

Instead, the firm’s core segments reported $13.5mn in full-year cat losses.

The carrier will prioritise underwriting profits over growth in 2024.

The Insurance Insider US news team runs you through the earnings results for the day.

Putting together two “show me” stories risks investor skepticism.

It remains unclear whether there could be reputational damage after key shareholder CM Bermuda’s parent, CMIG International Holding, was taken into receivership.

Earlier this morning, SiriusPoint announced it had been informed that major shareholder CMIH had been taken into private receivership by lenders in Singapore.

An affiliate of the Chinese investment group has a 33% shareholding in the carrier.

InsurTech Nirvana plans to expand its offerings with a program designed for fleets with fewer than 10 units.

Based in Philadelphia, ProVerity provides specialty products to underserved areas of professional liability business.

Ratings could be lowered by one notch depending on regulatory restrictions on cash flow from Bermuda operating entities to non-operating holding companies, the ratings agency said.