Mercury General Corporation is reporting increases in its net premiums earned and written of 5.1% and 6.4% between the ends of Q1 2021 and Q1 2022.

Regardless of the turbulent macroeconomic environment, the long-term trends, in terms of levels of risk, is on the rise, and as the need for solutions increases, there will be implications for demand and pricing of re/insurance, according to Greg Case, Chief Executive Officer (CEO) of global broking group Aon.

Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash.

USAA has announced that Jeff Wallace, the firm’s current Chief Financial Officer (CFO), will take on a new role as Chief Audit Executive. Brett Seybold, who is currently the Senior Vice President and Senior Financial Officer for USAA’s property and casualty business, will replace Wallace as CFO.

Phinsys, a finance automation software provider for the insurance and reinsurance industry, has entered into a strategic partnership with Dynamo Analytics, a consultancy and software provider, to integrate finance and actuarial processes for insurance carriers.

French insurers are fully mobilised in order to meet the needs of over a quarter of a million victims of May and June’s storms across the country.

Barbuss a provider of specialised financial, claims services and specialised coverage for the risk industry, has announced that it has acquired 100% of the shares of KVDS, an independent marine surveyor based in Antwerp, Belgium.

Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, has recently announced the appointment of Niamh O’Brien as Chief Actuary.