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Stock impact report

Nirvana Insurance Reaches a new Milestone - adds MS Transverse as additional capacity [Yahoo! Finance]

MS&AD INS GRP HL UNSP/ADR (MSADY) 
NASDAQ:AMEX Investor Relations: nationalmssociety.org/what-is-ms
Company Research Source: Yahoo! Finance
SAN FRANCISCO Oct. 15, 2024 /PRNewswire/ -- , the Data and Telematics insurtech firm transforming the commercial trucking insurance landscape, today announced a landmark agreement with MS Transverse Insurance Company, a part of MS&AD Insurance Group Holdings, one of the largest property and casualty insurance groups in the world. This strategic partnership, coupled with additional capacity from a top-tier panel of A+ rated reinsurers, solidifies the company's position as a disruptive force in the industry. The collaboration with MS Transverse provides Nirvana with a boost in capacity, accelerating its growth trajectory and enabling the delivery of best-in-class insurance solutions to its customers. MS Transverse's alignment with Nirvana's long-term vision and highly stable financial footing (A rated, Excellent - AM Best) ensure a robust partnership for years to come. "We are thrilled to join forces with MS Transverse who not only bring the financial strength our customers demand Show less Read more
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