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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
Staff targeted include producers that channel business through Howden’s London wholesale arm.
Insurers must write policies in high-risk areas in order to incorporate the model.
The automaker’s insurance arm wrote over $300mn in premium last year.
Wind season remains an important variable, but also might not change current dynamics significantly.
The carrier has been steadily increasing loss trend estimates.
Casualty rates increased 4% globally but shot up 9% in the US.
The IPO was priced at $21 per share, up from the previous target range of $18-$20.
The Insurance Insider US news team runs you through the earnings results for the day.
Weatherbys Hamilton provides private client, bloodstock and farm coverage.
Large accounts property remains competitive as pricing softens, Greenberg said.
The awards, now in their fifth year, will be held in New York at 583 Park Avenue on September 25.
The carrier's Q2 reserve releases rose to $249mn from $192mn on favorable NA personal development.
The carrier’s top line grew to $890m in the first half of 2025.
The segment is also seeing double-digit loss cost inflation.
Court documents show Travelers subsidiary Northfield Insurance is the insurer.
Recent inbound offers can “oftentimes” be a leading indicator that the market is slowing, he said.
The former Lloyd’s CEO is also eligible for a target $5mn annual equity award.
Renewal rates fell, despite elevated catastrophe losses.
The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
The judge ruled the deal relied too heavily on Bermuda law for US law to apply.
The PE-backed MGA lined up Morgan Stanley, JP Morgan and Bank of America to advise.
The executive briefly exited the firm last month for a role at Marsh.
The company also encouraged insurers and brokers to support the initiative.
The industry veteran has been in personal lines HNW for more than four decades.
Competitor news
Competitor news
Competitor news
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AIG is maintaining its initial 'unlawful misappropriation' suit against Dellwood. -
MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
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The executive’s experience centers on program design for complex risk.
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From our other titles
From our other titles
From our other titles
From Insurance Insider US
HSCM among stock sellers in Slide’s $408mn IPO
Slide is putting faith in tort reforms and will lean into Florida, CEO Lucas said.
From Insurance Insider US
Compre appoints HSCM’s Bardon to newly created CUO role
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
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Swiss Re Corporate Solutions
From Insurance Insider
Climate change remains a ‘pervasive threat’ to economy: Swiss Re CorSo North America CEO McGrath
Parametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
From Insurance Insider ILS
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
From Insurance Insider ILS
Casualty ILS market can double annually in next two years: MultiStrat CEO
Industry sources estimate the market to be around $3bn.
From Insurance Insider
Arcas promotes Deane to MD, head of US
The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.