The Regents of the University of California sued Lloyd's of London, arguing the company refused to reimburse the university system for the costs of data breaches covered in a ...
Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4 percent on debut.
The company joins a list of firms that ...
Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to ...
SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting and investment losses to ...
In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market. "The long curve, the larger trend, is bending in a ...
American International Group (AIG) said late Monday it has entered into an agreement to sell Validus Re to RenaissanceRe Holdings for about $3 billion, mostly cash. The deal, expected to close during ...
In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2 billion, a premium ranking shows two carriers growing more than 150 ...
Billionaire investor Daniel Loeb is no longer exploring a potential acquisition of SiriusPoint Ltd SPNT.N, according to a regulatory filing on Friday, a month after disclosing his interest in taking ...
Even though Berkshire Hathaway's GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire's insurance operations said the figure ...
The future of climate change risk management is set to change due to the confluence of natural catastrophes, evolving regulation and increased media scrutiny, according to a new environmental report ...