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Universal shares rise on Q4 profit gains
Universal Insurance Holdings shares climbed 8.2 percent in New York trading today after the Florida-focused insurer’s fourth quarter net income more than doubled while its net combined ratio dramatically improved.
Ted Bunker
,
21 February 2018
InsurTech startup Gabi lands $9.5mn to fund growth
InsurTech startup Gabi has received $9.5mn in fresh investments to finance expansion beyond the six US states where the consumer-focused insurance shopping platform already operates.
Ted Bunker
,
21 February 2018
Gifford appointed to new Travelers data post
Bruce Gifford has been appointed to the newly created role of enterprise chief data and analytics officer at Travelers, the company said today.
Anthony Baldo
,
21 February 2018
Opinion: Building brokers
It's not as easy as it used to be.
Adam McNestrie
,
21 February 2018
Tokio Marine Kiln appoints interim COO to replace Garland
Anna McNamara has been appointed interim chief operating officer of Tokio Marine Kiln, The Insurance Insider understands.
Bernard Goyder
,
21 February 2018
Lloyd’s gender pay gap stands at 27.7%
Lloyd's has estimated that male employees across the Corporation are paid 27.7 percent more on average than female staff.
Catrin Shi
,
21 February 2018
FCA and US commodities regulator to collaborate on fintech
The Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC) have agreed to collaborate on each other's initiatives to boost the fintech sector.
Laura Board
,
20 February 2018
D&O pricing remains weak but market leaders see hope
Pricing for directors' and officers' (D&O) insurance is getting firmer, albeit slowly and in distinct areas, while industry executives are heartened that market leaders are walking away from business if they have to.
Anthony Baldo
,
20 February 2018
Non-appearance losses dog contingency market
Spiralling incurred loss ratios from non-appearance risks have put the contingency market under the spotlight, prompting a scaling back in lines being put down and three market exits since last summer.
Charlie Thomas
,
20 February 2018
AmTrust to RITC Syndicate 2526 legacy business
AmTrust is seeking a reinsurance-to-close (RITC) transaction for the four most recent years of account at Syndicate 2526.
Catrin Shi
,
20 February 2018
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