Guiding Your Next Big Move
Net investment income, by contrast, fell 11% to $185 million, which AXIS attributed largely to lower cash returns following the loss portfolio transfer reinsurance deal struck with Enstar in the second quarter of last year. Fees from strategic capital partners rose to $23 million, from $16 million a year earlier, underscoring the group’s deepening third-party capital ties.
Field’s addition bolsters capital markets and regulatory expertise amid star-rating setbacks and tighter CMS scrutiny Source link
The compensation committee recommended the move, with further terms set to be disclosed in a Current Report on Form 8-K.…
“Fraud today isn’t always obvious—and that’s what makes it dangerous,” said Steve Wang, manager, senior divisional claims at Mercury Insurance.…