Kyoung-son Song

New York

Senior Reporter at Inside P&C

Senior Reporter at Insurance Insider US

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Articles

Agency deal roundup: AJ Gallagher, Hub International, Patriot Growth and more

6 days ago | insuranceinsiderus.com | Kyoung-son Song

AJ Gallagher acquires Dallas and Istanbul-based firmsAJ Gallagher announced two acquisitions on Tuesday. Dallas, Texas-based Dean R Casey & Associates is an employee benefits brokerage firm serving primarily small and mid-size group clients and individuals in Texas. Aspera Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Broker M&A deals at the lowest since the pandemic: Optis

6 days ago | insuranceinsiderus.com | Kyoung-son Song

The pace of M&A activity in the insurance distribution space for Q1 2025 fell 15% from Q1 2024, according to an Optis Partners report. At Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Heritage buys 13% more limit at $2.5bn for 2025-26 reinsurance XoL program

1 week ago | insuranceinsiderils.com | Kyoung-son Song

Heritage buys 13% more limit at $2.5bn for 2025-26 reinsurance XoL program The total cost for the program increased 1.8% from last year’s.
Heritage buys 13% more limit at $2.5bn for 2025-26 reinsurance XoL program

1 week ago | insuranceinsiderus.com | Kyoung-son Song

Heritage Insurance Holdings has purchased $2.5bn of limit for its 2025-2026 catastrophe XoL reinsurance program, up 13% year on year. The Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Greenlight Re to see contraction in casualty book due to non-renewals: CEO

1 week ago | insuranceinsiderus.com | Kyoung-son Song

Greenlight Re expects some contraction in its casualty book as the firm non-renews some of its open market casualty business, CEO Greg Richardson said on the company’s Q1 earnings call. Historically, Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Postcard from RIMS: Market complexity mirrored by Chicago weather

1 week ago | insuranceinsiderus.com | Kyoung-son Song |Adam Kovac |Thorsten Schier

This year’s annual Riskworld conference reflected typical Chicago May weather: certainty was hard to come by. This was perhaps no surprise as the conference came at a particularly tumultuous time for the US insurance industry and the economy at large. In... Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Insurance is not completely recession-proof: Aon’s Peiser

1 week ago | insuranceinsiderus.com | Kyoung-son Song |Farhin Lilywala

Facing a time of crisis, a logical way forward for businesses would be buying more robust insurance so they don’t see an unexpected loss when economic conditions worsen. In Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Claims-made in casualty: A good consolation prize if you can’t get tort reform

1 week ago | insuranceinsiderus.com | Adam McNestrie |Kyoung-son Song

On the eve of RIMS, Chubb, Zurich and Berkshire Hathaway announced that they were launching a casualty facility to offer $100mn lead lines to large clients. The Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
MGA Origin Specialty elevates Acosta to president

1 week ago | insuranceinsiderus.com | Kyoung-son Song |Farhin Lilywala

MGA Origin Specialty has named Charlie Acosta as president, in place of Neno Djordjevic, who has left the firm, this publication can reveal. In Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?
Chubb, Zurich, National Indemnity team up to launch excess casualty facility

1 week ago | insuranceinsider.com | Kyoung-son Song

Chubb, Zurich North America and Berkshire Hathaway-owned National Indemnity are launching an excess casualty facility offering up to $100mn in lead excess capacity on a claims-made basis. Log in to continue Please enter your email address below. Password log in Opening your single sign-on provider... Questions about your access?