Carriers
Carriers news and analysis from Insurance Wire, updated daily.
- Hurricane Simon threatens $175M Mexico parametric cat bond as pressure nears trigger
Hurricane Simon is approaching the west-central Mexican coast as a Category 4 storm, with sustained winds of 155 mph and a central pressure that has come within striking distance of the threshold...
- Amwins enters E&S casualty underwriting with new MGA illumin Specialty
Amwins has launched illumin Specialty, a managing general agency writing primary and excess general liability on a nonadmitted basis for hard-to-place risks. The unit is led by Rebecca Gitig,...
- SIAA buys Canopy Specialty Insurance to add MGA underwriting capability
SIAA has acquired Canopy Specialty Insurance, a managing general agent writing specialty commercial property and casualty business in the US and UK. The deal brings niche underwriting authority...
- Tower Insurance lifts first-event cat reinsurance limit to NZ $970m as costs fall again
Tower Insurance has expanded its catastrophe reinsurance cover for fiscal year 2027, securing a first-event limit of NZ $970 million at an estimated cost of 9.5% of gross written premium, down...
- Brown & Riding builds out agribusiness with new national practice
The Dallas-based wholesale brokerage has stood up a dedicated agribusiness unit covering the full agricultural supply chain, from custom farming and dairies to food processing and agricultural...
- Risk & Insurance: Broker-Carrier Relationships Now a Core Business Differentiator
A piece from Risk & Insurance argues that broker-carrier relationships have shifted from a professional courtesy to a competitive necessity as catastrophic losses, social inflation and nuclear...
- Assurity adds critical illness product targeting ACA agency channel
Assurity Life Insurance Company has launched a Quick Issue Critical Illness Insurance product for adults aged 18 to 64, covering cancer, heart attack, stroke and advanced Alzheimer's disease. The...
- Aon launches Global Onshore Renewables Facility with up to $300m per-location capacity
Aon has created a dedicated insurance facility for onshore wind, solar photovoltaic and battery storage projects, offering policy limits up to $300 million per location across construction and...
- Alliant adds two senior benefits hires as employer cost pressure reshapes adviser demand
Alliant Insurance Services has brought in a former Mercer M&A advisory leader and an ADP TotalSource veteran to its employee benefits group within two days. The back-to-back appointments reflect a...
- Agecroft makes the case for property reinsurance as an institutional asset class
Hedge fund consultancy Agecroft Partners argues that property catastrophe reinsurance carries a more manageable tail-risk profile than institutional investors typically assume, and that current...
- Allianz Commercial names Swiss Re's Nina Arquint as EMEA president
Allianz Commercial has appointed Nina Arquint as president of its EMEA commercial business, effective April 1, 2027, subject to regulatory approval. Arquint joins from Swiss Re Corporate...
- ANV Group rebrands acquired workers' comp MGA as ANV Comp
ANV Group Holdings has renamed Specialty Comp Insurance Solutions as ANV Comp, following its June acquisition of the Dallas-based workers' compensation MGA. The business wrote approximately $250...
- Brown & Riding launches national agribusiness wholesale practice
Brown & Riding has stood up a dedicated national Agribusiness Practice to help retail agents place coverage across the agricultural supply chain. The practice is led by senior vice president David...
- Hiscox Capital Partners names Michel Dang Portfolio Manager as ILS AUM hits $2.9bn
Hiscox Capital Partners has appointed Michel Dang as Portfolio Manager, bringing in an ILS specialist who previously worked at SCOR Investment Partners and, before that, Coriolis Capital. The hire...
- Hagerty Family Trust launches $111m secondary share sale; Hagerty takes no proceeds
Hagerty Holding Corp. is offloading 9.25 million Hagerty shares at $11.95 each in a secondary offering worth roughly $110.5 million, with proceeds going to redeem shares for the Kim Hagerty...
- UK Fire Safety Reinsurance Facility covers £19.6bn of risks in second year
The industry-backed Fire Safety Reinsurance Facility placed cover on 730 risks totalling £19.6bn in its second year of operation, up from 703 risks the year before, according to the Association of...
- Nationwide unit escapes indemnity duty after foster care boy's fatal restraint
A federal appeals court has ruled that a Nationwide unit does not owe indemnity for a Kentucky foster care facility's settlement in the death of a seven-year-old boy who was fatally restrained by...
- Warren presses NAIC on private credit ties as Walter probe widens
Senator Elizabeth Warren has written to insurance regulators demanding answers about insurers' exposure to private credit and related-party holdings, according to Insurance Business America. The...
- Hurricane Lowell insured losses estimated at $0.5B, $1B, Kauai hardest hit
Cotality has put insured losses from Hurricane Lowell at between $0.5 billion and $1.0 billion, with Kauai County bearing the brunt of the damage. The storm passed just west of Niihau as a...