02/15/2024

Hagerty Re ratings remain unchanged

AM Best said the acquisition is not expected to have any material impact on Hagerty Re’s balance sheet strength or any near-term material impact on the ultimate parent, Hagerty Inc.

02/14/2024

Fortitude Re losses knock AIG profit

Other operations recorded a narrower loss of $399 million compared to $451 million while net investment income rose to $3.9 billion from $3.2 billion.

02/13/2024

DARAG completes two captive legacy transactions

They demonstrate the busy year DARAG North America has had and show that there is increased interest for bespoke legacy solutions that enable insurers to achieve finality for their books of business.

02/12/2024

Essent Group profit falls $135 million

Insurance in force as of December 31, 2023 was $239.1 billion, compared with $238.7 billion as of September 30, 2023 and $227.1 billion as of December 31, 2022.