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Specialty insurers will likely deal with "substantial claims and losses" in the wake of the recent bankruptcy filing for California utility PG&E Corp., whose equipment may have contributed to ...
AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty insurer and reinsurer that operates through Lloyd's of London. "The US$604 million transaction adds scale and breadth ...
Specialty property/casualty insurers are now a dominant force in the market and generate more than half of the industry's premiums, Conning Inc. asserts in a new report. Two-thirds of individual ...
Now that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents may be next to feel the negative impact of new ...
Beach & Associates, an independent specialty reinsurance intermediary, has a new majority investor: Aquiline Capital Partners. The New York-based private equity firm disclosed it snatched up a ...
Insurers focusing their business on a single state or coverage line experienced decent levels of premium growth in recent years, but they also recorded higher combined ratios than diversified ...
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