Top Section
Sentry to pay $1.1bn in cash to buy AmFam’s The General in $1.7bn deal
The deal marks Sentry’s largest transaction in its 120-year history.
Research
Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
The highest releases in nearly 15 years challenge conventional wisdom on reserving.
Civil case, nuclear verdict and claims count data show worrying trends.
The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
Latest news
A quick roundup of today’s need-to-know news, including Ajit Jain, Hurricane Francine and Sedgwick.
Westaim reported roughly $79mn in net proceeds from the sale.
The insurer said Dellwood’s "spin" isn’t enough to dismiss the litigation.
The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer.
More News
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Francine makes landfall as Cat 2 event before weakening
September 12, 2024 -
Hurricane Francine now at Category 2, approaching the Louisiana coast
September 11, 2024 -
Ryan Specialty hires Albian to lead group captive program
September 11, 2024 -
BHSI makes leadership appointments in Canada
September 11, 2024 -
Medical care CPI fell 0.1% in August after 0.2% decline in July
September 11, 2024
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Hurricane Francine on trajectory to hit Louisiana later today
September 11, 2024 -
Gallagher Re estimates Francine losses at above $1bn
September 10, 2024 -
Juniper Re hires Aspen’s Russ Wagner to lead facultative division
September 10, 2024 -
Cyber renewals falling at or below expiring pricing: Amwins
September 10, 2024
Opinion
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Core Specialty is the son of Validus refracted through an AFG lens
Adam McNestrie and Husain Rupawala
Hurricane Francine’s swerve highlights Twia’s unsustainable funding structure
An estimated $450mn of losses from Hurricane Beryl will wipe out a surplus Twia had been building since 2017.
Most Read
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AIG hits back against Dellwood’s latest attempt to kill trade secrets suit
September 11, 2024 -
Medical care CPI fell 0.1% in August after 0.2% decline in July
September 11, 2024
The executive struck a cautious note on the industry’s reserve adequacy for the 2021-23 accident years.
Expansion of the middle-market book is an ongoing focus.
The broker has seen an “outpouring of interest” from talent looking to join since the Truist exit.
The top four lines posted low-single digit to high-single digit policy count growth.
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