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Broker M&A reaches record levels: Optis
In the past 12 months, a record 665 broker transactions have been announced, according to boutique investment bank Optis Partners.
Laura Sanicola
,
24 July 2019
RenRe reports earnings win, $700mn capital influx
The reinsurer beat estimates of $3.71 per share and reported raising $700mn in capital through third-party vehicles.
Gianluca Casapietra
,
24 July 2019
Pace of market firming is accelerating: WR Berkley
Pace of change is being driven by emerging “pain” across the market.
Gavin Davis
,
24 July 2019
WR Berkley reports rates up 5%, with further rises expected
The specialty insurer reported earnings of $0.82 per share, beating analysts’ consensus of $0.64 per share.
Dan Lukpanov
,
24 July 2019
Chubb benefiting from 'flight to quality': Greenberg
The insurance giant enjoyed improved pricing and an improved underwriting environment during 2019's second quarter.
Gavin Davis
,
24 July 2019
Axis-backed MGAguard launches to target tavern industry
The new venture streamlines underwriting by scraping data on liquor license violations.
Bernard Goyder
,
24 July 2019
Kingstone stops writing commercial liability business
The move comes after a reserve strengthening and commercial liability moratorium imposed during the first quarter of this year.
Christopher Munro
,
23 July 2019
Qomplx raises $78.6mn in Series A funding
The formerly named Fractal Industries funding round was led by investment firms Cannae Holdings Inc and Motive Partners.
Anna Sagar
,
23 July 2019
Travelers' Schnitzer flags worsening tort environment
Commercial auto pain continues, but loss trends also spreading to GL
Gavin Davis
,
23 July 2019
Brown & Brown CEO downplays rate growth
J Powell Brown said E&S in the London market was the most pronounced pocket of price expansion.
Samuel Casey
,
23 July 2019
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