Underwriting
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...
EU Wants Post-Brexit Trade Deal in Place by January 2021
The European Union expects the U.K.'s post- Brexit transition period to last until the end of 2020 and is aiming for a trade deal to kick in immediately after that, according to a European Commission ...
Deadly Amtrak Crash at 50 MPH Over Limit Rekindles Safety Debate
The deadly Amtrak crash in Washington state marked the railroad's third fatal accident in as many years, putting the passenger rail operator under fresh scrutiny less than a month after safety ...
Travelers to Launch Dublin Subsidiary for Post-Brexit Business
Travelers will create a European subsidiary in Dublin in order to serve its customers in a post-Brexit market, the insurer disclosed. Travelers Europe announced it will launch the subsidiary in the ...
Lemonade Secures $120M in New Financing to Fuel Global Expansion
Digital insurer Lemonade Inc. announced a $120 million Series C funding round it will use to help accelerate a global expansion in 2018. SoftBank Group led the round, joined by existing investors ...
The Fine Art of Underwriting Through Soft and Slightly Harder Market Cycles
Twenty or so years ago, a London market marine underwriter declared he was going golfing one particular afternoon because he had reached his annual capacity level. That was an underwriting model ...
Navigators Eyes EU Expansion Through $41.2M Planned Purchase of Belgian Specialty Insurer
The Navigators Group agreed to pay $41.2 million for Belgian specialty insurer ASCO and a connected insurance underwriting agency, a transaction that will help expand its specialty insurance business ...
Calif. Wildfire Now 45 Percent Contained; Winds Cause Complications
California authorities have declared that the Thomas wildfire, which has been raging for two weeks in Santa Barbara and Ventura counties, is 45 percent contained. Is that reassuring or horrifying? ...