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Markel Canada Limited, a leading underwriter of casualty, professional, environmental and specialty insurance announces the appointment of Cliff Laidlaw as Senior Vice President, Underwriting. “We’ re entering an exciting new chapter as we shift our focus from first stabilizing our underwriting book, through radical transformations of process to enhance…

AM Best has removed under review with negative implications and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Rural Mutual Insurance Company. Concurrently, AM Best has removed from under review with positive implications and upgraded the FSR to A+ from C++ and the Long-Term ICR to“ aa-” from“ b+” of Badger Mutual Insurance…

PGIM benefitted from its diversified private alternatives platform, the growing global retirement opportunity, and the growth of our insurance and retirement businesses Retirement Strategies continued to address the growing retirement needs of the market as a leader in Pension Risk Transfer and Individual Annuities Group Insurance and Individual…

PGIM benefitted from its diversified private alternatives platform, the growing global retirement opportunity, and the growth of our insurance and retirement businesses Retirement Strategies continued to address the growing retirement needs of the market as a leader in Pension Risk Transfer and Individual Annuities Group Insurance and Individual…

AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of“ a” to Eni Insurance S.p.A., a captive of Eni S.p.A., a multinational energy company based in Italy. On 1 February 2025, Eni’ s former captive, Eni Insurance Designated Activity Company, transferred its assets and liabilities to EIS, through a cross-border merger operation,…

Achieving over 50% revenue growth YOY for the second year in a row; Successfully launching three new products; Opening a new office in India focused on engineering R&D, data analytics, data science, and operations, with a large business delivery team; and Bringing on Matt Fowler as the new Chief Distribution Officer.. In 2024 Ethos retained its leadership position…

HAWTHORNE, Feb. 4– TransRe today announced changes within its executive team, including the promotions of Louise Rose and Kyle Rhodes, and the retirement of Andy Taylor after a distinguished career with the company. Louise will now lead the strategic direction of TransRe's London, EMEA and Asia Pacific business units, provide oversight to ensure consistency of…

Board of Governors of the Federal Reserve System. Federal Financial Institutions Examination Council. Consolidated Reports of Condition and Income for A Bank With Domestic Offices Only- FFIEC 041.

TransRe today announced changes within its executive team, including the promotions of Louise Rose and Kyle Rhodes, and the retirement of Andy Taylor after a distinguished career with the company. Louise will now lead the strategic direction of TransRe’ s London, EMEA and Asia Pacific business units, provide oversight to ensure consistency of approach and…

Nearly three out of four respondents to a recent industry survey on the Delegated Underwriting Authority Enterprise segment believe this market sector is on a path of sustained growth, according to a new AM Best report. The optimism around this potential is tied to carriers’ growing reliance on DUAEs to access niche markets, the expanding lines of business…

S-3ASR Table of Contents As filed with the Securities and Exchange Commission on January 31, 2025. THE SECURITIES ACT OF 1933. Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.

Expected claims payments to Los Angeles County wildfire victims appear to have exceeded $900 million for the state's insurers of the last resort, allowing it to tap into "reinsurance" payments from back-up providers. In earlier statements, the FAIR Plan said it can only tap into reinsurance– essentially insurance for insurance companies– once it pays its first…

THE HARTFORD FINANCIAL SERVICES GROUP, INC.. Hartford Fire Insurance Company ratings are on positive outlook at Standard and Poor's and Moody's and on stable outlook at A.M. Best Hartford Life and Accident Insurance Company ratings are on positive outlook at Standard and Poor's and on stable outlook at A.M. Best and Moody's Navigators Insurance Company…

The Hartford today announced financial results for the fourth quarter and year ended Dec. 31, 2024. The Hartford’s Chief Financial Officer Beth Costello said,“ Commercial Lines had a strong quarter with top-line growth of 6 percent and an underlying combined ratio of 87.1. Fourth quarter 2024 net income available to common stockholders of $848 million, or…

It should be read in conjunction with the documents that the Company files with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934.. AXIS Capital Holdings Limited's underwriting operations are organized around its global underwriting platforms, AXIS Insurance and AXIS Re.

Selective Insurance Group, Inc. reported financial results for the fourth quarter ended December 31, 2024, with net income per diluted common share of $1.52 and non-GAAP operating income 1 per diluted common share of $1.62. Net unfavorable prior year casualty reserve development of $100 million increased the combined ratio by 8.8 points.