Octave Specialty Group Emerges from Ambac Rebrand to Focus on MGAs
Octave Specialty Group, formerly Ambac Financial Group, rebrands and refocuses on specialty insurance and MGA acquisitions amid strong market growth.
AM Best Affirms Superior Credit Ratings for Houston Casualty Group
AM Best affirms A++ financial strength and aa+ credit ratings for Houston Casualty Group and affiliates, highlighting strong balance sheets, underwriting performance, and risk management.
SiriusPoint Sells Arcadian Stake to Lee Equity for $139M with Capacity Deal
SiriusPoint sells 49% stake in Arcadian Risk Capital to Lee Equity for $139M; deal includes extended capacity agreement through 2031, boosting specialty underwriting platform.
Ambac Financial Posts Q1 2025 P&C Revenue Growth Amid Specialty Segment Pressure
Ambac Financial Group reports 27% revenue growth and 70% premium increase in Q1 2025 P&C operations. Specialty segment faces underwriting challenges, while acquisition bolsters diversification and future growth potential.
Accelerant Expands Specialty Insurance Platform with QBE and Tokio Marine Capital Partners
Accelerant enhances its specialty insurance risk exchange by adding capital partners QBE and Tokio Marine America, leveraging AI and data transparency to streamline underwriting and risk management.