Lloyd's Syndicate 1699 Sees Wider 2024 Loss on Market Softening: Lloyd's Syndicate 1699 reported a widened loss for 2024 as it exited directors and officers and transactional liability business amid market softening.
The ...
Date: March 25, 2025
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MS&AD Units in Japan Receives New Regulatory Improvement Action: Two subsidiaries of MS&AD Insurance Group Holdings Inc. received new administrative actions from the country's financial regulator to address information ...
Date: March 25, 2025
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Air Lease Enters $328.5 Million Partial Settlement in Russia Litigation: Aircraft lessor Air Lease Corp. announced a partial settlement of $328.5 million with insurers over aircraft stranded in Russia.
The company received the ...
Date: March 24, 2025
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Canal Insurance Names Former Great American Exec as New Chief Technology Officer: Canal Insurance Co. appointed Sai Thotapalli as chief technology officer.
He brings 25 years of experience, Canal said in a statement, most recently from ...
Date: March 24, 2025
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Baltimore Bridge, Hurricanes Dent Earnings for Ascot Syndicate 1414: Ascot's Lloyd's Syndicate 1414 reported lower profit in 2024 in part from storm activity and the Baltimore bridge disaster.
Profit for 2024 fell to $185.1 ...
Date: March 24, 2025
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Marsh Names Global Head of Wholesale: Marsh appointed Adam Russell as head of global wholesale, effective immediately.
He is based in London, the broker said in a statement.
Russell is ...
Date: March 24, 2025
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Gallagher Re Estimates Insured Losses Up to $3 Billion From Mid-March Weather Outbreak: Insurers incurred losses of $1 billion to $3 billion from a mid-March severe weather outbreak that left damage from severe convective storms, wildfires, ...
Date: March 21, 2025
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Best's News: AM Best: Rating Upgrades Up for P/C, Downgrades Outnumber Upgrades for L/H in 2024: AM Best Industry Analyst Helen Andersen discusses two new Best's Special Reports on property/casualty and life/health 2024 rating trends, according to this ...
Date: March 21, 2025
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Class Action Claims Geico Misrepresents Accident Forgiveness Benefit: Berkshire Hathaway Inc.'s Geico is facing a class-action lawsuit alleging the company misrepresents its accident forgiveness program by redefining premium ...
Date: March 21, 2025
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Palomar Holdings to Acquire MGA Advanced AgProtection in Crop-Cover 'Evolution': Palomar Holdings Inc. said it has entered into a definitive agreement to acquire crop-focused managing general agent Advanced AgProtection.
Palomar, which ...
Date: March 21, 2025
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