Trean Re

Trean posts 2.5% increase in Q1 adjusted net income up as GWP rises 10%

Trean posts 2.5% increase in Q1 adjusted net income up as GWP rises 10%

Trean Insurance Group ended Q1 2022 with adjusted net income that ticked up 2.5 percent to $8.3mn as the platform recorded gross written premium (GWP) growth of 10 percent from expansion in its program partner business.

BMS buys US reinsurance broker Trean Intermediaries

BMS buys US reinsurance broker Trean Intermediaries

BMS has added to its US reinsurance broking platform with the acquisition of expansive Trean Intermediaries and its management team, including Sean Ryan and JJ Johnson, in a move it said will help “strengthen its grip” as a “top-tier” firm able to compete at the highest levels.

Trean share price jumps 20%+ in Friday trading after improved Q3 results

Trean share price jumps 20%+ in Friday trading after improved Q3 results

Trean Insurance Group’s share price soared more than 20 percent during Friday trading as investors responded to the carrier’s improved third quarter results amid comments from CEO Andrew O’Brien that the business continues to face few Covid-19-related claims.

AM Best assigns Trean ICR post-IPO and affirms operating units

AM Best assigns Trean ICR post-IPO and affirms operating units

Trean Insurance Group has been assigned a long-term issuer credit rating (ICR) of “bbb” by AM Best, with the agency also affirming the financial strength ratings (FSR) of the program carrier, MGA and reinsurance intermediary’s operating platforms.

Trean adds Rex to growing platform

Trean adds Rex to growing platform

Expansive reinsurance broker Trean Intermediaries has hired former Guy Carpenter executive Mark Rex as managing partner, The Insurer can reveal.