Published by this author:
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The start-up fronting and risk sharing carrier was given a preliminary A- rating in March.
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The Florida insurer took $17mn of weather-related losses.
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The insurer’s Q2 earnings of $0.81 per share slightly missed analyst expectations.
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Heritage’s CEO Bruce Lucas said he has seen worsening claims abuse in the state despite the legislative reform.
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The Bermudian alternative asset manager has named Validus' Jeff Sangster as partner, CFO and head of strategy.
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The insurer has “several hundred million” of private reinsurance limit remaining.
