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Universal Insurance Holdings, Inc. has purchased first-event catastrophe reinsurance coverage of up to $2.4 billion, down from the previous year's just
Syndicate 3939 will be led by Stuart Newcombe, former active underwriter for Munich Re Innovation Syndicate 1840, as its active underwriter.
NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has launched Lloyd's Syndicate 3939, in partnership with third-party
It will focus on nat cat reinsurance products for hurricanes and other weather events
After the Florida Legislature in 2022 and 2023 passed sweeping reforms designed to limit excessive claims litigation, some in the insurance industry