Citizen’s Balks At US Senate Committee Probe Of Insurance Market and Models
In a terse response to questions federal lawmakers — including accusations that legislators are creating market “panic” — the Florida taxpayer-backed insurer says its finances are sound and questions surrounding it risk modeling practices misplaced.
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How Venezuela’s Political Fate Played Out In an Insurance, Oil Industry Legal Battle
A Lloyd’s-backed insurance lawsuit over Venezuelan crude reveals how modern sovereign risk is increasingly migrating onto insurers’ and investors’ balance sheets.
With Ackman’s Insurance Deal Set, Now Comes the Portfolio Pivot
The Vantage deal locks in underwriting stability; the real test now is whether a portfolio pivot toward higher-return assets can boost book value without testing regulators or rating agencies.