INSURASALES

Tag: Reinsurance

Stradley Ronon Bolsters Insurance Practice with Return of Experienced Partner

Stradley Ronon strengthens its insurance and reinsurance practice by reappointing Steven Burgess Davis, enhancing regulatory and transactional expertise in Philadelphia and nationally.

CRC Group Expands Internationally with Acquisition of Atrium Underwriting

CRC Group's acquisition of UK-based Atrium Underwriting Group marks its first investment outside North America, enhancing its global insurance footprint and underwriting capabilities.

Lemonade Targets $5 Billion Indiana Auto Insurance Market with AI-Driven Strategy

Lemonade expands into Indiana's $5B auto insurance market leveraging AI, telematics, and bundling strategies to drive premium growth and approach profitability by 2026.

Florida Retracts $2.1 Billion from Insurer Reinsurance Support Amid Lower Claims

Florida withdraws $2.1 billion from insurer reinsurance support programs following lower-than-expected hurricane claims, reflecting changes in the state's property insurance market and reinsurance strategies.

CRC Group to Acquire Lloyd’s Specialty Underwriter Atrium Underwriting

CRC Group announced the acquisition of Lloyd’s managing agency Atrium Underwriting, expanding its specialty insurance and reinsurance capabilities. The deal highlights industry consolidation and strategic growth in specialty lines.

AM Best: Rising Individual Annuity Surrenders Impact Profitability

AM Best report reveals a 27% drop in individual annuity profitability driven by rising surrenders and increased offshore reinsurance by private equity-owned insurers, influencing transparency and risk in 2024.

Sixth Street Completes $5.1B Acquisition of Enstar Group

Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.

Bermuda Leads as Primary Offshore Reinsurance Hub for US Life/Annuity

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.

Aon Reports Record Global Reinsurance Capacity and Buyer-Friendly Midyear 2025 Market Conditions

Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.

mea Platform and ACORD Integrate to Automate Insurance Underwriting and Data Exchange

mea Platform and ACORD Solutions Group partner to integrate AI-driven data extraction with ADEPT, automating insurance underwriting, policy administration, and claims processing.