RLI Corp. Q1 Earnings Beat Expectations Amid Industry Caution
RLI Corp. reported Q1 earnings beating estimates but revenue missed slightly; cautious outlook persists with negative earnings revision trends in property and casualty insurance sector.
FCCI Expands Excess and Surplus Insurance Coverage Nationwide
FCCI Insurance Group expands excess and surplus insurance with new property, inland marine, and crime coverage across all operating regions, enhancing E&S product offerings.
Ryan Specialty to Acquire USQRisk Assets Enhancing Alternative Risk Segment
Ryan Specialty announces acquisition of USQRisk assets to boost its alternative risk insurance capabilities, following multiple strategic acquisitions in the specialty insurance market.
Accelerant Expands Specialty Insurance Risk Exchange with QBE and Tokio Marine
Accelerant expands its data-driven specialty insurance risk exchange by adding QBE and Tokio Marine America, enhancing underwriting efficiency and market connectivity.
Transatlantic Underwriters Expands with New P&C Division
Transatlantic Underwriters introduces a new Property & Casualty division, expanding its specialty insurance offerings beyond transportation. Bernadette Flores leads the new venture, reinforcing TAU's market presence.
NSM Insurance Group Divests U.S. Commercial Division to Enhance Focus on Specialty Lines
NSM Insurance Group has divested its U.S. commercial insurance division to New Mountain Capital, marking a pivotal shift to focus on specialty insurance lines and strategic acquisitions.