diversification Archives - Carrier Management

Casualty Proved to Be a Strong Diversifier for Reinsurers: Aon

Casualty is proving its value as a good diversifier for reinsurers, especially given the positive primary rate movement seen in recent years, according to an Aon report. The combination of challenged ...

HDI Global Insurance Forms E&S Subsidiary

Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will "bring European expertise and solutions" to the ...

Reinsurers Turn to Fintech Startups for Diversification in Soft Market

When Micah Carr-Hill wanted to insure Chief, the labrador that helps with his son's autism therapy, he found an ally in Munich Re, the world's biggest reinsurer. The German company had just teamed up ...

Markel Corp. to Snatch up State National for $919 Million

Markel Corp. will acquire State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both ...

Insurers Can Endure Best by Being Global and Diversified: S&P

Global, diversified insurers are best positioned to withstand the industry's top economic and competitive challenges, according to a report published by Standard & Poor's Global Ratings. ...

Zurich Will Pay Up to $1.05B for Wells Fargo Crop Insurer

Zurich Insurance Group AG agreed to buy a Wells Fargo & Co. crop-insurance business for as much as $1.05 billion as the Swiss company puts to work excess cash left over from a separate takeover ...

Tokio Marine’s $7.5B Grab For HCC Keeps Its Global Growth Engine Running

Tokio Marine Holdings' planned $7.5 billion acquisition of HCC Insurance Holdings announced June 10 is all about keeping global growth and diversification growing, and making that happen by snatching ...