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The carrier’s Q4 CoR decreased 34.8 pts YoY to 94.2% as it reported favorable prior-year reserve development. -
The reinsurer is ready to deploy additional capacity following the event, but only if prices are commensurate with risk.
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The claims and services provider has now launched the process it postponed last year.
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VUW.ai rebranded from Vi Digital last March.
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The French credit insurer has Apollo lined up as its managing agent.
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Non-proportional business accounted for 34% of its total.
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Michael O’Neill has been promoted to onshore power and renewables underwriting manager.
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A combination of mandated days and soft pressure is driving up EC3 attendance.
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The figure does not include specie or auto losses.
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The nationwide carrier ranked sixth for multi-peril California homeowners' insurance in 2023.
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New entrants have contributed to competition in the class of business.
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CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
