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Reinsurance sector can handle a large tail event: S&P’s Karakuyu

During yesterday’s S&P Global Ratings Insurance In Focus webinar, Ali Karakuyu, Director and Lead Analyst, stated that if a large tail, 1-in-200 year catastrophe event were to occur, the global reinsurance sector is well-prepared and would be able to manage it effectively.

Newline expands operations in Hong Kong

Specialty insurer Newline Group (Newline) has expanded its operations in Asia with the establishment of Newline Hong Kong Services Limited, appointing Carson Choi as Head of Financial Lines.

American Integrity could get proceeds of up to $106.25m from IPO

American Integrity Insurance Group has launched the roadshow for its proposed initial public offering (IPO) of 6,875,000 shares of common stock, with the company intending to use the net proceeds for general corporate purposes, which may include contributing capital to its insurance subsidiary.