Top Section
      
    
    
      Q3 earnings roundup November 3: CNA, James River
The Insurance Insider US news team runs you through the earnings results for the day.
        
        
            
    
        
    - 
                  
                    Fears of the oncoming soft market are causing a sector rotation away from P&C.
 - 
                  
                    The broker is understood to manage Brown & Brown’s account at Howden.
 
        Research
      
    
    
      Research
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
A re-focus on reinsurance nearly brings Everest back where it started.
    
    
      
        
    
      
    
    
    
  Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
    
    
      
        
    
      
    
    
    
  Cat losses in Q3 were light as peak hurricane season passes without incident.
    
    
      
        
    
      
    
    
    
  Early Q3 earnings reports point to worsening market conditions.
    
    
      
        
    
      
    
    
    
  
        Opinion
      
    
    
      Opinion
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
- 
            
The Everest deal gives AIG a year’s worth of growth in a stalled market
Adam McNestrie and Mehr Gill - 
                    
                    
M&A talk once again took center stage at this year's Target Markets conference
Jairo Ibarra and Farhin Lilywala - 
                    
                    
Medmal insurance was never designed to cover criminal activity
Kyoung-son Song 
        Latest news
      
    
    
      Latest news
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
A quick roundup of today’s need-to-know news, including CNA and James River results and Melissa losses.
    
    
      
        
    
      
    
    
    
  It is understood the permanent reinsurance capital vehicle is called Highline Re and will sit behind fronting carriers.
    
    
      
        
    
      
    
    
    
  CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
    
    
      
        
    
      
    
    
    
  The broker grew earnings per share by 12.1% during the quarter.
    
    
      
        
    
      
    
    
    
  
        Featured
      
    
    
      Featured
Featured
      
    
    
    
    
    
    
    
    
    
    
    
    
    
  
  
As private flood grows, reinsurers quietly expand capacity
The NFIP expiration and a successful Neptune IPO got attention, but some reinsurers moved earlier. 
        
        
    
    Most Read
      
    
    
    
    
    
    
    
    
    
    
    
    
    
  
  
  
        Perspectives
      
    
    
      Perspectives
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
When owners are not paying attention, discipline and governance are not top priorities.
    
    
      
        
    
      
    
    
    
  Unpacking how much excess capital there really is and dissecting the source of its returns.
    
    
      
        
    
      
    
    
    
  Here’s the five-pillar playbook for insurers ready to move from pilots to profit.
    
    
      
        
    
      
    
    
    
  Despite elevated ROEs, insurers have remained disciplined.
    
    
      
        
    
      
    
    
    
  Interviews
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
Greenberg has strong links with IQUW management, and praised the firm’s leadership and cultural fit.
    
    
      
        
    
      
    
    
    
  The company is looking to grow through its new MGA incubator program.
    
    
      
        
    
      
    
    
    
  SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
    
    
      
        
    
      
    
    
    
  As the Great Japanese M&A Contest develops, the executive said inorganic expansion is “a top priority”.
    
    
      
        
    
      
    
    
    
  
        Ad slot #2
      
    
    
      
        Analysis
      
    
    
      Analysis
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
Some disagreement remains in where rate declines have been swiftest and how much further they could go.
    
    
      
        
    
      
    
    
    
  While limited to only some accounts, it’s a sign of the intense competition in the segment.
    
    
      
        
    
      
    
    
    
  Activists from the left and the right are focusing on insurance, often on the same issues. 
    
    
      
        
    
      
    
    
    
  Verisk's recent deals and its interest in cyber-analytics firm CyberCube show M&A in the segment has ticked up.
    
    
      
        
    
      
    
    
    
  
        Insider on Air
      
    
    
      Insider on Air
      
  
  
    
    
    
    
    
    
    
    
    
    
  
  
    
  
          In Partnership with 
          FurtherAI
        
      
    
    
    
      
    
    
      AI has shifted from a theoretical discussion to having a real impact across the entire insurance value chain, said Aman Gour, Founder and CEO, FurtherAI.
    
    
    
      
        
    
      
    
    
  
          In Partnership with
          Allianz
        
      
    
    
    
      
    
    
      Use of technology is likely to separate the “leaders from the laggers” in the MGA/program business space, said Shanil Williams, CEO, Allianz Commercial, Americas.
    
    
    
      
        
    
      
    
    
  
          In Partnership with
          Arch
        
      
    
    
    
      
    
    
      Property remains both a challenge and an opportunity for insurers, said Brian Farrell, SVP Program Management Lead, P and C Programs, Arch.
    
    
    
      
        
    
      
    
    
  
          In Partnership with 
          Falvey Insurance Group
        
      
    
    
    
      
    
    
      MGAs need to remain focused to succeed, said Emmy Falvey, Senior Vice President, Head of Capacity, Falvey Insurance Group.
    
    
    
      
        
    
      
    
    
  Conferences & awards
      
  
  
    
    
    
    
    
    
    
    
    
    
    
    
  
  
    
  
        Upcoming webinars
      
    
    
      - 
          
            In Partnership With Markel
 - 
          
            In Partnership with Moody's
 - 
          
            In Partnership with M&A Services
 - 
          
            In Partnership with Moody's
 
        Ad Slot #2
      
    
    
      
        

        
