News
Executives on the Move at Openly, AXA XL
Openly, an InsurTech MGA focused on high-end homeowners insurance, has appointed Anthony Landi as head of Reinsurance and Capital Management. He will report to Adriel Nunes, Openly's chief financial ...
Global Re/Insurers See Average Premium Increases of 11% in Q1 2022: Gallagher Re
Premium growth during the first quarter saw an average increase of 11 percent, which was supported by continued favorable pricing for commercial insurance lines and reinsurance business, according to ...
S&P Upgrades Fairfax Operating Subs to ‘A’; Outlook Stable
On Monday, S&P Global Ratings said it raised the financial strength ratings on the core insurance and reinsurance subsidiaries of Fairfax Financial Holdings Ltd. to "A" from "A-" with a stable ...
Tech Bytes: New Partnerships at MediaAlpha, FRISS, Ivans
MediaAlpha Inc., a customer acquisition marketplace for the insurance industry, announced a four-year extension of its agreement with The Zebra, an insurance comparison site. As part of the ...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB
According to The Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could ...
Risk Alerts, Leadership Tips and More
Carrier Management, Insurance Journal's sister publication focused on insurance company leadership insights and carrier news, is celebrating the one-year anniversary of two special newsletters this ...
Brickell Pulls Plug on Deal for Randall & Quilter; R&Q Plans Fundraise
Property/casualty specialty insurer Randall & Quilter Investment Holdings Ltd. announced its planned acquisition by Brickell PC Insurance Holdings LLC has been terminated by shareholder Brickell. ...
U.S. P/C Q1 2022 Underwriting Income Up 5 Percent: AM Best
AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6 percent to $3.3 billion. Explaining the result, AM Best said that a 10.5 percent ...