launch

RB Jones Global launches specialist underwriting MGA in the DIFC

RB Jones Global has announced the launch of RB Jones DIFC in the Dubai International Financial Centre (DIFC), a new specialist MGA that expands its international underwriting offering and supports clients with tailored risk solutions. The MGA will offer underwriting solutions across property and construction, as well as renewables and power generation, for clients across…

Read More

Industry loss estimate for Saskatchewan and Manitoba severe weather reaches CAD 923m: CatIQ

CatIQ, the independent Toronto-based catastrophe insurance data provider and subsidiary of PERILS, has revised its industry loss estimate for the severe storm outbreak in Saskatchewan and Manitoba, Canada, to CAD 923 million. The updated figure, issued three months post-event, represents a notable increase from the initial 45-day assessment of CAD 850 million, with commercial property…

Read More

Orion180 seeks to raise up to $340m in IPO

Orion180 Insurance, a founder-led, technology-focused, high-growth, high-margin specialty insurance group, has launched the roadshow for its proposed US initial public offering, seeking to raise $300 million to $340 million in gross proceeds from the sale of 20 million Class A shares priced at $15 to $17 each. The Florida-based specialty insurer could raise a further…

Read More
darag group logo

Domus PTA to support DARAG’s continued expansion across Nordic region

Legacy acquirer DARAG Group has announced that it has entered into a portfolio transfer agreement (PTA) with Domus Forsikring A/S, for its entire change of ownership (Husejerskifte) and building damage (Byggeskade) portfolio in Denmark. Pending standard regulatory approvals, the transaction will allow Domus, a Danish property and casualty insurance company, to fully resolve these liabilities, exit…

Read More