The reinsurance market has been undergoing significant changes, particularly during the hard market phase. As we move towards 2025, the question arises: will these structural changes persist? This article delves into evolving trends, market dynamics, and the future outlook of the reinsurance
Hawkes Bay Underwriting (HBU) Marine, a prominent Managing General Agent in the Asia-Pacific region, has successfully regained its status as a Lloyd’s of London Coverholder after a hiatus of several years. Originally established in 2008, HBU has been a key player in providing specialized insurance
New York City's Taxi and Limousine Commission (TLC) recently proposed significant changes to commercial auto insurance requirements in response to the financial instability of American Transit Insurance Co. (ATIC), which insures around 60% of the city's 120,000 for-hire vehicles. ATIC reported over
In what could be a significant game-changer for the Texas insurance market, Inszone Insurance Services recently acquired Commercial Insurance of Texas Agency Services, an agency established in 2019. This acquisition marks an expanding presence for Inszone in the Lone Star State and furthers its
Inszone Insurance Services has made a significant move in the insurance industry with its recent acquisition of Commercial Insurance of Texas Agency Services, a specialized insurance agency based in Texas. This strategic acquisition is poised to enhance Inszone's presence in the Texas market and
Inigo Ltd., a British specialist insurance group, is presently examining an array of strategic options aimed at enhancing its value. The company's shareholders, including JC Flowers & Co. and Qatar Investment Authority, are collaborating with Evercore Inc. to explore various potential paths
