Similar Posts
Aspen Insurance IPO raises almost $400 million – report
The offering, along with an IPO from American Integrity Insurance Group Inc., marks a return of activity to the US IPO market. Listings slowed after former President Donald Trump’s April 2 tariff announcement, which prompted some companies to delay or reconsider going public. During this period, China’s Chagee Holdings Ltd. was the only large-scale IPO…
Protecting Your Business—and the Planet—From Pollution Risks
Earth Day reminds us of the profound impact our choices have on the environment. For businesses, this responsibility extends beyond daily operations to encompass the broader community and ecosystem. Your decisions regarding practices like waste disposal, chemical storage, and emissions can influence the well-being of the environment around you and your company’s sustainability and reputation….
Which insurance lines are growing?
In the latest edition of Insurance Business TV, Danny Kaufman, president of Burns & Wilcox, reflects on the firm being named among this year’s five-star wholesale brokers and MGAs. He discusses the lines that have seen particular growth, the innovations the company is making and the role that AI will play in the future. …
Wildfire fallout – insurers set to reassess risk, tighten policies in California
“Clearing dead plants, removing wooden furniture, (these are) things people might overlook outside forested areas,” said Heron. “There will be more focus on how homes are rebuilt and the materials used, especially roofing. If a roof isn’t fire-rated to a certain degree or is past a certain age, insurers may change terms, offering actual cash…
What are boards missing beyond risk reports?
Sexton outlined the internal factors boards must watch, including “changes to products, services or geographic footprint,” “rapid growth that creates new, large exposures” and “key person turnover or increased turnover across the firm.” External factors, he said, include “macroeconomic shocks,” “legal, regulatory or political environment” and “disruptive technologies.” Source link
USAA highlights 1 million new members and net worth rise
In 2024, USAA returned $2.2 billion to members through distributions, dividends, and banking rebates and rewards. The company also paid $4.3 billion in catastrophe-related claims. It also reported process improvements, including a reduction in average catastrophe claims processing time from 14 days to seven days, using advanced technology. Source link