E&S
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The Surplus Lines Stamping Office recorded a 36% jump in premiums over last year to set a new record as rates continue to increase. -
The executive joins Zurich NA from privately held International Financial Group (IFG), a P&C company focused on the E&S market where he served as CEO.
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The company posted a combined ratio of 79%, driven by lower relative expenses and premium growth.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The executive added that the specialty carrier purchased roughly $100mn more reinsurance in its catastrophe tower for both hurricane and earthquake exposure.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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In some cases, sources said, wages have increased between 25% and 35% over the last 12 months.
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Historically, February is often the lowest month for premium submissions within each annual reporting period.
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Winston joined the company in 2010 and was most recently promoted to vice president of underwriting in 2020.
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The transaction will see Catlin redomiciled in Oklahoma, moving it from Delaware, to make use of the Oklahoma Insurance Business Transfer Act.
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