All articles by Vishnupriya N
Vishnupriya N
Everest Group swings to $593m net loss in Q4 2024
For the reinsurance segment, premiums increased by 12.6% to approximately $3.3bn on a comparable basis.
Redline partners with Allianz for general aviation insurance
The tool, available for underwriting from 1 January 2025, will serve small and medium-sized aircraft operators.
Arthur J. Gallagher buys Illinois P&C broker Afina Insurance
Afina will continue to serve its clients from its current Oakbrook Terrace location.
Amynta buys Crum & Forster’s credit division
The Credit division will function as a full-service Managing General Underwriter within Amynta Risk Solutions.
Everest expands its European operations with new business in Italy
Headquartered in Milan, the Italian branch will be led by Everest Insurance International Southern Europe head José Ramón Morales.
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Ascot secures minority investment from BellTower Partners
Through this investment, Ascot aims to bolster its resources and support its growth plans.
Allianz logs $2.6bn in Q3 2024 profit
The company’s operating profit reached €3.9bn ($4.11bn) in the third quarter of 2024 (Q3 2024), up from €3.5bn a year ago.
Hub expands with acquisition of R.K. Gore in Utah
Through the acquisition, the company plans to enhance its insurance services in the construction sector.
RGA’s Ruby Re sidecar garners $480m in total capital
The latest funding round saw contributions from AllianceBernstein (AB), EnTrust Global and Enstar Group, among others.
Envelop Risk sets up new underwriting division
Dom Peters, with more than 27 years of industry experience, will serve as the CEO for Envelop Underwriting.