SPECIAL REPORT
Mar 17, 2025 08:36 AM (EDT)
Retained earnings and new capital inflows helped drive the estimated capacity level in the insurance-linked securities (ILS) segment to a record USD 107 billion at year-end 2024, according to a new AM Best report.
MERGERS AND ACQUISITIONS
Mar 28, 2025 01:40 PM (EDT)
A unit of Japan's MS&AD Insurance Group Holdings Inc. agreed to acquire up to 15% of W.R. Berkley Corp.'s common stock in a deal valued at $3.8 billion.
Mar 27, 2025 08:59 AM (EDT)
AM Best is maintaining its stable outlook on Panama’s insurance industry, citing its growth and consistently profitable underwriting results, which are expected to continue as companies navigate challenges.
CALIFORNIA
Mar 27, 2025 02:05 PM (EDT)
Claims related to the January Los Angeles wildfires have edged up, with State Farm reporting it has paid out $2.45 billion on 12,200 claims.
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