Greenlight Capital Re fell to an underwriting loss of $19.7mn for the fourth quarter as its bottom line felt the impact of California wildfire claims and reserve strengthening.
Aspen has shut down its Bermuda-based US property insurance unit as it takes steps to reshape its book of business in the aftermath of heavier than expected 2017 cat losses, The Insurance Insider can reveal.
AJ Gallagher-owned US wholesaler Risk Placement Services (RPS) has parted company with Scott Treiber, president of its standard lines platform, The Insurance Insider can reveal.
Navigators reported fourth quarter operating earnings that rose 38 percent to $24.5mn on improved underwriting and investment results, comfortably outpacing Wall Street forecasts in the process.
