CFO / Financial
Shareholder Class Action Complaint Filed Against InsurTech Root
With shares of Root Inc. trading at less than 50 percent of the late October 2020 IPO price of $27 per share, the InsurTech carrier has been named in a shareholders class action complaint, multiple ...
Betting On Founders: How VCs Spot InsurTech Unicorns of 2025
Carrier vs. MGA. U.S. vs EU. Specialty niche vs. traditional insurance lines. There are many things that distinguish one InsurTech from the next, including financial metrics like internal rates of ...
Chubb Is Reportedly Exploring Hartford Acquisition
Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry's biggest deals in years, people ...
Industry Loss Reserves Redundant by $28B: Assured Research
Analysts at Assured Research delivered some surprises in a report on property/casualty insurance industry loss reserves Monday, finding that reserves are $28 billion redundant and predicting that ...
Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains
Over the last decade, as insurers and reinsurers have sought profitable opportunities for growth, they increasingly have handed the underwriting pen to managing general agents, managing general ...
As MGA Growth Explodes, AM Best Unveils New Assessments Coming Soon
With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best had decided it's time to ...
The Inflation Specter Looms for Property/Casualty Insurers
Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its ...
‘Smart Working’ Reader Poll: Flexible Hours or Occasional WFH?
As more people get vaccinated around the world, insurance carriers are weighing possibilities of cutting their real estate footprints and allowing associates to work at home more than they did prior ...