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AmTrust has huge outstanding underwriting liabilities, and by forming a partnership with Enstar it has brought the industry’s best manager of claims and commutations to the table.
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The companies estimate the tie-up will be worth an initial $30mn in gross written premiums a year.
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Firefighters struggle to contain "fire tornadoes" in a blaze which threatens to destroy another 4,000 structures. -
The Everglades National Park is an apt metaphor for the Florida insurance market.
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The blaze more than doubled in size over the weekend amid strong winds and dry conditions.
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The Lancashire CEO welcomes Jon Hancock’s hard line on underperforming Lloyd’s syndicates.
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For now, motor insurers can sleep a little easier.
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Other investors in the Series E round include New Enterprise Associates and Index Ventures.
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More than 75 percent of votes were cast in favour of the change.
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The Florida-based property and casualty provider expands is US trucking unit.
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Lava damage is excluded from treaties by hours clauses
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The US financial services firm brought in the investment bank to sell its individual life unit.
