-
The initial offering will include 6,875,000 shares of common stock. -
Renewal rates were favorable compared to what could have happened after several hurricanes.
-
The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.
-
The Floridian company applied to be traded on the NYSE.
-
The announcement spurred a quick spike in stock market valuations.
-
Colorado State University is predicting 17 named storms, nine hurricanes and four major hurricanes.
-
The carrier has received 12,300 claims as of 28 March.
-
The insurer has lined up Piper Sandler and KBW to run the process.
-
Cat losses last month were lighter than historical trends, but all eyes are on Q1 figures.
-
Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
-
As of 14 February, the company received 405 claims.
-
The bond will provide fire protection for MGA Bamboo’s California business.
