New York, NY, August 12, 2024– SEDA Experts LLC, a leading expert witness firm providing world-class financial expert witness services, announced today that Howard Yaruss joined the firm as Managing Director.. In particular, Mr. Yaruss was responsible for approving all material mortgage and municipal risk insured by the company and was the company’ s principal…
Reinsurance
Attorneys for more than 160 insurance companies claim that a Maui judge's decision barring them from suing any party thought to be responsible for last year's Maui wildfires has no precedent around the country. The ability of property insurance companies to sue those found to be responsible for the Maui wildfires aligns with a standard industry practice…
STATEMENT AS OF JUNE 30, 2024 OF THE Agents National Title Insurance Company. STATEMENT AS OF JUNE 30, 2024 OF THE Agents National Title Insurance Company. STATEMENT AS OF JUNE 30, 2024 OF THE Agents National Title Insurance Company.
Attorneys for more than 160 insurance companies claim that a Maui judge's decision barring them from suing any party thought to be responsible for last year's Maui wildfires has no precedent around the country. The ability of property insurance companies to sue those found to be responsible for the Maui wildfires aligns with a standard industry practice…
The capacity level in the insurance-linked securities segment continues to grow at a modest pace, mostly aligning with market demand as opposed to exceeding it, according to a new AM Best report. In addition, AM Best estimates the property catastrophe bond market at approximately USD 45 billion at mid-year 2024, which represents growth of USD 3 billion.
Attorneys for more than 160 insurance companies claim that a Maui judge’ s decision barring them from suing any party thought to be responsible for last year’ s Maui wildfires has no precedent around the country. “I don’ t know of any state where we’ re dealing with an attack on an insurance industries’ ability to seek recovery like we’ re seeing in the court in Hawaii,”…
FIDELIS INSURANCE HOLDINGS LIMITED FQ2 2024 EARNINGS CALL| AUG 15, 2024. Copyright © 2024 S&P Global Market Intelligence, a division of S&P Global Inc. All Rights reserved. FIDELIS INSURANCE HOLDINGS LIMITED FQ2 2024 EARNINGS CALL| AUG 15, 2024.
STATEMENT AS OF JUNE 30, 2024 OF THE CAMPMED CASUALTY& INDEMNITY COMPANY, INC.. STATEMENT AS OF JUNE 30, 2024 OF THE CAMPMED CASUALTY& INDEMNITY COMPANY, INC.. STATEMENT AS OF JUNE 30, 2024 OF THE CAMPMED CASUALTY& INDEMNITY COMPANY, INC..
STATEMENT AS OF JUNE 30, 2024 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY. STATEMENT AS OF JUNE 30, 2024 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY. STATEMENT AS OF JUNE 30, 2024 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY.
STATEMENT AS OF JUNE 30, 2024 OF THE Preferred Physicians Medical Risk Retention Group, a Mutual Insurance. Stocks: Preferred stocks Common stocks Mortgage loans on real estate: First liens Other than first liens Real estate: Properties occupied by the company (less Derivatives Other invested assets Receivables for securities Securities lending…
STATEMENT AS OF JUNE 30, 2024 OF THE NORCAL Specialty Insurance Company. Stocks: Preferred stocks Common stocks Mortgage loans on real estate: First liens Other than first liens Real estate: Properties occupied by the company (less Derivatives Other invested assets Receivables for securities Securities lending reinvested collateral assets Aggregate…
After a series of natural disasters– from the Canterbury earthquakes to Cyclone Gabrielle– real doubt hangs over the insurance options available to some New Zealand homeowners. Insurers will have to explore alternative models and innovate if New Zealand is to adapt to future change. There’ s no general requirement in New Zealand that insurers cover anyone’ s…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Aflac Life Insurance Japan, Ltd., American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York and Continental American Insurance Company. These companies represent the life/health insurance subsidiaries of…
Arch Mortgage Insurance Company announced it has obtained over $203 million of indemnity reinsurance on a pool representing approximately $30.5 billion of mortgages from Bellemeade Re 2024-1 Ltd., a special purpose reinsurer. This transaction largely covers a portfolio of MI policies issued by Arch MI and affiliates primarily from September 2023…
As a joint venture between KBI and AM Sinar Mas Multifinance, KB Indonesia is a small-sized non-life insurer domiciled in Indonesia. The company mainly focuses on offering coverage to Korean companies in Indonesia while having limited market presence in the local non-life segment. Following active entries of KB Group affiliates into Indonesia as part of…
Athene Annuity and Life Company. STATEMENT AS OF JUNE 30, 2024 OF THE Athene Annuity and Life Company. STATEMENT AS OF JUNE 30, 2024 OF THE Athene Annuity and Life Company.
CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced two pivotal executive hires. Robin Spaulding, CPCU, AIC, has joined CLARA as Chief Insurance Officer, and Greg Toll has been named CLARA’ s Vice President of Sales for Self-Insured. Robin Spaulding, Chief Insurance Officer, CLARA…
The Best’ s Market Segment Report,“ Changing Trends Continue To Push Up Demand for Health Reinsurance,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. Recently, this increase was driven by the commercial and stop-loss segments.“ Health insurance remains one of the faster growing segments in the…
STATEMENT AS OF JUNE 30, 2024 OF THE FIDELITY& GUARANTY LIFE INSURANCE COMPANY. Furniture and equipment, including health care delivery assets. STATEMENT AS OF JUNE 30, 2024 OF THE FIDELITY& GUARANTY LIFE INSURANCE COMPANY.
