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Ascot’s Lloyd’s Syndicate 1414 saw its profits decline in 2024 due to significant losses from catastrophes, including storms and the Baltimore Bridge collapse.

Several insurance companies have announced key leadership appointments and internal restructuring efforts aimed at strengthening their operations, technology, and underwriting strategies. These moves come as the industry adapts to evolving market conditions.

LIMRA’s latest report reveals record-breaking life insurance sales in 2024, with significant growth in indexed universal life and variable universal life products.

Ascot’s Lloyd’s Syndicate 1414 experienced a profit decline in 2024, significantly impacted by high catastrophe losses, including the Baltimore Bridge collapse and severe weather events.

MeasureOne introduces a new solution to streamline tenant approvals and protect property managers by automating renters insurance verification.

HDI Global SE reported strong financial results for 2024, driven by growth and strategic initiatives. The company is also expanding its US operations with technological upgrades and specialized insurance lines.

The Doctors Company has entered into an agreement to acquire ProAssurance Corp. for $1.3 billion, making the company private.

Insurance Business America’s 2025 data reveals the best wholesale brokers and MGAs, who are becoming an increasingly important part of the industry. Discover which firms received the prestigious 5-Star designation based on their performance and service.

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