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The new role of insurance networks: guiding agencies through change and complexity
“Some takeaways were that interest rates are likely to remain somewhat high, especially if tariffs are high, but that there’s a huge need for housing, especially multifamily housing,” he said. “So, networks can take back to their agencies, saying, ‘You ought to look at commercial habitation risk,’ because there’s building, there’s growth, there’s funding, and…
HDI Global maintains resilience in early 2025 trading period
Insurance revenue reached €2.6 billion, up from €2.3 billion in the same period last year. Operating profit (EBIT) rose to €195 million, compared to €140 million in the first quarter of 2024. Net income grew to €141 million, from €104 million a year earlier. Source link
Property brokers say NOAA data purge creates blind spots
NOAA’s disaster database has long been a critical resource for insurers, brokers, and risk modellers. Its abrupt removal creates blind spots as hurricane season looms, impacting property insurance pricing, risk models, and underwriting accuracy, according to brokers Insurance Business spoke to. Source link
US commercial insurance rates continue upward trajectory – report
Umbrella and excess coverage, along with commercial auto, saw the most significant increases Source link
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…
GI Partners launches new MGA platform
Industry vets bring tech-driven growth strategy to insurance underwriting space Source link