Underwriting
Wildfires, Trump Tax Cuts to Cause XL Group Some Q4 Pain
Fourth-quarter natural catastrophes took a toll on XL Group Ltd.'s bottom line, and the new Trump tax cuts will also cause some temporary pain, based on revised estimates from the Bermuda-based ...
Allianz Group Will Acquire DAS Switzerland, a Legal Protection Insurer, From Munich Re’s ERGO
Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The ...
Hippo, an InsurTech Focused on the Homeowners Market, Readies an Expansion
Hippo, an InsurTech focused on providing super-quick homeowners insurance, said it is gearing up for U.S. expansion enabled by a new strategic partnership. The California-based startup said it has ...
AIG Reportedly Weighed $10B Bid for Voya Financial
American International Group Inc. may be back in the market for large-scale deals. The insurer was in talks to buy Voya Financial Inc. in a transaction valued at more than $10 billion before ...
Become a Carrier of Choice for Agents: Five Reasons to Join ID Federation
It's the bane of the modern-day insurance office: keeping track of the many passwords required to log into a myriad of systems and websites. Whenever I talk to anyone in our industry about real-time ...
How to Win in Today’s U.S. Commercial Lines Market
Competition is fierce in the U.S. commercial lines market. Expectations continue to increase in terms of price, product and service. Distributors are pressuring insurers to increase commissions and ...
AmTrust CEO Zyskind, Stone Point Capital Propose Taking Insurer Private
A bid is afoot to take AmTrust Financial Services private. Stone Point Capital Partners, along with AmTrust Chairman and CEO Barry Zyskind and Director George Karfunkel (and his wife, Leah ...
Once Again, A.M. Best Continues Negative Outlook for U.S. P/C Reinsurance Sector
A.M. Best is continuing its negative outlook for the U.S. property/casualty reinsurance sector in 2018, adding that the space's financial performance continues to be "lackluster." "At this point, ...