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Travelers and Selective’s releases point to ongoing reserving challenges this earnings season.
Reserving trends, pricing declines and hurricane forecasts are causes for concern.
Stable first half insufficient to counterbalance concerns on reserving trends.
The industry is mostly reluctant to raise capital with high interest rates, except for brokers.
Latest news
For many, it could be a “wake-up call” to the systematic exposures inherent in cyber.
In 2023, Berkshire provided around $1bn in capacity to the Floridian insurer.
The airlines, healthcare and financial services industries were some of the sectors affected by the outage.
Both parties expect to close the transaction on August 1, 2024.
More News

SCS losses, pricing slowdown and loss cost inflation among key issues for H2

The Insurance Insider US news team discusses the five biggest issues it is watching as we enter the Q2 earnings cycle.
“I think it just starts with people just being desensitized to these numbers,” he said.
The Oxbow report found that AI use cases span the entire (re)insurance capability model.
She said potential hurricane activity was just one factor impacting the 2025 outlook.
The executive gave his view on the (re)insurance landscape and the impact of PE on the sector.

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