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Market Intelligence
HNW homeowners space ‘in hardest market in decades’
Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
Hub stake bidders narrow to Blackstone and Leonard Green
Other names believed to have looked at the asset include CD&R, CVC and Hg, as the process reaches its latter stages.
Research
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Though the present banking sector turbulence might bring back memories of 2008, fundamental differences in banking and insurance risk make contagion less likely.
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The new 2022 stat data shows personal lines premium has grown year-over-year, but the loss ratios have been hit hard by catastrophes and loss cost inflation.
Interviews
The MGA is also looking at securing a captive wholesale broker, and a niche play within reinsurance broking.
March 6, 2023
Opinion
Trisura’s impairment
Last week, AM Best revised its outlook on #3 fronting carrier Trisura’s financial strength ratings to A- (as it affirmed them).
