Ledger Investing has successfully secured and launched a $100 million casualty sidecar for a global reinsurer, marking a significant milestone for the company. This funding will support Ledger’s casualty reinsurance business across three underwriting years on a quota-share basis. The development
The COVID-19 pandemic brought unprecedented challenges to businesses worldwide, particularly in sectors like hospitality and leisure that faced long-term closures and significant revenue losses. Many businesses turned to their business interruption insurance policies for financial relief, only to
The notion of consolidating smaller fronting insurance companies into larger entities has gained significant traction in recent years, driven by the appeal of streamlining operations, reducing redundancy, and enhancing overall market efficiency. Proponents argue that fewer, larger companies would
The first half of 2024 brought mixed financial results for PICC Property and Casualty (HKG:2328), a major player in the Hong Kong insurance market. While the company reported a 4.5% year-over-year increase in revenue, reaching CN¥242.4 billion, it experienced a significant decline in net income.
Cycling businesses in the UK are encountering a transformative phase, thanks to the recent partnership between Bikmo, a leading InsurTech firm, and the Association of Cycle Traders (ACT). This relationship promises to deliver tailored insurance solutions that address the unique challenges and needs
mamaAs the industrial insurance sector prepares for the 2025 renewal season, the landscape appears varied and complex. Insight from MRH Trowe, a leading broker in the field, reveals nuanced perspectives on risk pricing trends across different types of insurance. This article explores these trends
