News

Less than one year after its unsuccessful pursuit of Transatlantic Holdings, Validus Holdings says it has reached an agreement to buy Flagstone Reinsurance Holdings for about $623 million in cash and stock.

The rare weather event of tornadoes touching down in New York City produced no significant insurance losses, according to industry experts.

Factors in the reinsurance marketplace point to continued moderate rate increases going forward, two reinsurers say as the annual Reinsurance Rendezvous kicks off in Monte Carlo.

The property and casualty insurance market continues to achieve single-digit rate increases but analysts maintain there is little indication drivers are in place for a shift to a hard market.

The property and casualty insurance market continues to achieve single-digit rate increases but analysts maintain there is little indication drivers are in place for a shift to a hard market.

Valen Technologies, a data and analytics provider for property & casualty insurers, announces the latest in its suite of predictive analytics solutions with InsureRight 2.0. Building on InsureRight 1.0, a product that made predictive analytics accessible for small and mid-size carriers, InsureRight 2.0 introduces advanced capabilities including a premium...