TMPAA 2025 wrap-up: Execs warn – MGA boom outpacing the talent to run it

[ad_1] Premiums, fees, and other revenues increased 14% to $13.6 billion, reflecting higher underwriting margins, growth in volume, and stronger variable investment income. These gains were partly offset by unfavorable foreign currency movements and lower recurring interest margins.  [ad_2] Source link

[ad_1] Carrier to prioritize growth areas after substantial net loss [ad_2] Source link

[ad_1] Reinsurance activity and US-based insurance gains helped offset aviation-related softness [ad_2] Source link

[ad_1] In 2024, the market is estimated to reach $42.8 billion in value, supported by greater awareness of liability risks and growing demand for tailored coverage across industries. Real estate professionals, in particular, have faced higher claim frequency in areas such as transaction disputes, data breaches, and duty-of-care allegations. [ad_2] Source link

[ad_1] “Allianz’s first quarter performance and our confirmed outlook underscore our financial strength and resilient business model, which benefits from the attractiveness of our customer value propositions amid geopolitical and economic uncertainty,” he said. “In fact, we view this uncertainty and change as a catalyst for innovation and growth, allowing us to pursue new opportunities…

[ad_1] Trucordia has also acquired CADA Insurance Services, expanding its footprint in Louisiana. CADA operates offices in Baton Rouge, Chalmette, Gretna, and Kenner, and provides coverage across several lines, including auto, home, commercial, general liability, and workers’ compensation. [ad_2] Source link