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Berkley news from Insurance Insider US

Specialty lines

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Hamilton’s Secor to lead new WR Berkley E&S company

She joins the specialty insurer after working at Hamilton as CUO.

Sanvi Bangalore, August 08, 2025

High net worth

HNW carriers align on growth opportunity, but underwriting strategies differed in Q2

Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.

Kyoung-son Song, August 08, 2025

MGAs/MGUs

Q2 earnings: Unrestrained MGA growth concerns E&S execs

On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.

Sanvi Bangalore, August 01, 2025

Casualty/GL

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Q2 commentary: Casualty has the growth momentum as property slows

Loss trend concerns persist, but insurers are vouching on the opportunity to push for more rate increases.

Kyoung-son Song, July 28, 2025

Earnings

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Sales interest for PE-supported MGAs growing: WRB CEO Berkley

Recent inbound offers can “oftentimes” be a leading indicator that the market is slowing, he said.

Kyoung-son Song, July 21, 2025

Earnings

Q2 earnings roundup July 21: WR Berkley, RLI

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, July 21, 2025

High net worth

HNW insurers still eager to grow but taking a selective approach

The January wildfires did little to hamper their appetite, apart from California.

Kyoung-son Song, July 07, 2025

Research

Ategrity IPO: Not all E&S is created equal

The latest E&S player planning to IPO remains a “show me” story.

Noah Marchese, May 22, 2025

Earnings

Professional liability has become ‘particularly competitive’: WR Berkley CEO

The insurer's professional liability reinsurance book shrank by around 25%.

Kyoung-son Song, April 21, 2025

Specialty lines

WR Berkley shares hit all-time high after MSI share purchase announcement

The company’s stock jumped 14% within 30 minutes of the market’s open.

Kyoung-son Song, March 28, 2025

M&A

Business people contract. agreement was signed co-investment business

MSI to purchase 15% of WR Berkley shares

The shares will be purchased via the open market or private third-party transactions.

Jai Singh, March 28, 2025

Specialty lines

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Property momentum slowing as casualty heats up: WR Berkley CEO

Submission flows in WR Berkley’s E&S business overall are growing “considerably faster” than its admitted business.

Caroline Ryan, January 27, 2025

Industry-wide

Q4 earnings roundup January 27: WR Berkley, Brown & Brown

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, January 27, 2025

Specialty lines

Broker consolidation significant, but not concerning for WR Berkley

The carrier doesn’t have big concentrations with distributors and conducts business with individual brokers.

Caroline Ryan, December 11, 2024

Specialty lines

Reinsurers will struggle to achieve ‘flat’ renewals: WR Berkley CEO

This could change if Milton losses turn “ugly”.

Kyoung-son Song, October 21, 2024

Industry-wide

Q3 earnings roundup October 21: Berkley, RLI, Selective

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, October 21, 2024

WR Berkley will see immaterial loss from CrowdStrike event: CEO

For many, it could be a “wake-up call” to the systematic exposures inherent in cyber.

Kyoung-son Song, July 22, 2024

Q2 earnings roundup July 22: WR Berkley, Brown & Brown, RLI

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, July 22, 2024

Axis investor day: Are new goals aspirational or overly optimistic?

Industry trends show the Axis book value growth goal may be hard to hit.

Amit Kumar, June 04, 2024

Rob Berkley's highlighted reserving metrics vs the industry

Focus on reserves to continue as gap between cautious reservists and others emerges.

Amit Kumar, April 24, 2024

Q1 earnings roundup April 23: Chubb, Berkley

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, April 23, 2024

WR Berkley stock price falls more than 5% despite favorable results

Earlier today, the carrier reported that its Q1 combined ratio came in at 88.8%, down from last Q1’s 90.6%.

Hal Stucker, April 23, 2024

Liability reinsurance showing ‘green shoots of discipline’: CEO Berkley

Reinsurers will try to put pressure on insurers for casualty and liability lines, as they did in property.

Kyoung-son Song, April 23, 2024

Workers' comp rate declines narrowing amid medical inflation, regulatory concerns

Carriers expressed confidence on the line’s ability to withstand medical inflation.

Shelby Rosenberg, February 28, 2024

The casualty loss reserve elephant in the room

Commercial carrier earnings continue to show mixed prior-year development.

Amit Kumar, Maria Lamberton, Husain Rupawala, February 06, 2024

Competitor news

Markel ‘open and looking for M&A’ post-Markel Re sale: Wilson

There will also be a renewed focus on organic growth, both in P&C and across US and international operations.

Farhin Lilywala, September 16, 2025

Catastrophe losses

When does mitigation become part of the ‘Patrick Mahomes rate’?

IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.

Clark Mindock, September 12, 2025

Talent

Everest brings on Chubb’s Gerber as excess casualty CUO

He joins the company after 22 years in casualty leadership roles at Chubb.

Kyoung-son Song, September 09, 2025

Casualty/GL

Allianz appoints Markel’s Stewart as NA regional head of liability

The executive will oversee the direction and management of the firm’s liability portfolio across the US and Canada.

Kyoung-son Song, September 03, 2025

Research

July cat heatmap: Hope for the best, but prepare for the worst

Cat losses in July were below historical trends, but all eyes are on peak hurricane season.

Noah Marchese, August 25, 2025

Legal

CVS opioid decision could set precedents for PFAS, climate litigation

The Delaware high court’s reasoning could find application in other cases.

Clark Mindock, August 21, 2025

Research

InsurTech: Doing whatever it takes to survive

Full-stack carriers fail to outclass incumbents with no clear platform differentiation.

Amit Kumar, August 21, 2025

M&A

Markel completes $1.2bn-premium global reinsurance sale to Nationwide

The deal was announced last month.

Abbie Day, August 19, 2025

Legal

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AIG, Chubb win CVS opioid litigation coverage dispute in Delaware

The state’s Supreme Court upheld two lower court decisions finding no liability.

Clark Mindock, August 18, 2025

Talent

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Chubb elevates Haney to president, COO of global surety

Teresa Black will succeed him as division president of North American surety.

Kyoung-son Song, August 11, 2025

Earnings

Progressive’s reinsurance coverage reached $2.2bn in Q2 2025

The company also purchased $15mn of SCS parametric coverage.

Adam Kovac, August 05, 2025

M&A

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Markel is giving itself every chance of warding off its activist investor

The company was right to drop its reinsurance unit and refocus on its specialty roots.

Adam McNestrie, August 04, 2025

Research

Bermuda Q2: Diverging paths for the hybrid carriers

Reinsurers are mostly aligned on cat reinsurance, but goals are otherwise diverse.

Henry Meiners, August 01, 2025

Brokers

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Ryan Re to significantly ramp up talent for Nationwide-Markel transition: Bickham

The president expects to see benefits from the deal in H2 2026.

Kyoung-son Song, July 31, 2025

Reinsurance

Bahr, Costikyan to remain at Markel as 80%+ global re staff to move to Ryan

Lion's share of Markel Re staff have been offered roles at Ryan, with others to work on run-off.

Adam McNestrie, July 31, 2025

Specialty lines

Markel shoring up turnaround with reinsurance offload: Gayner

The company has struggled in reinsurance, while large claims dragged down D&O results in Q2.

Adam Kovac, July 31, 2025

Earnings

Q2 earnings roundup July 30: Everest, Markel, Skyward, The Hanover

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, July 30, 2025

M&A

Markel sells $1.2bn-premium global reinsurance renewal rights to Nationwide

Nationwide will delegate management of the policies to Ryan Specialty.

Jairo Ibarra, July 30, 2025

Earnings

Upper-middle market commercial an opportunity for growth amid challenges: Arch

The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.

Adam Kovac, July 30, 2025

Earnings

Q2 earnings roundup July 29: Arch, Axis, Intact

The Insurance Insider US news team runs you through the earnings results for the day.

Insurance Insider US news team, July 29, 2025

M&A

Chubb paid $321mn for Liberty Mutual’s Thailand business

The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.

Jairo Ibarra, July 29, 2025

High net worth

Hagerty receives LOI from Markel for new fronting arrangement

Hagerty Re will now assume 100% of the premium and 100% of the risk.

Kyoung-son Song, July 24, 2025

Commercial Lines

Chubb Q1 CoR down 1.2 pts to 85.6% despite higher cat activity overseas

The carrier's Q2 reserve releases rose to $249mn from $192mn on favorable NA personal development.

Jairo Ibarra, July 22, 2025

Legal

Georgia hotel hit with $40mn sex trafficking verdict

Court documents show Travelers subsidiary Northfield Insurance is the insurer.

Clark Mindock, July 22, 2025

Research

June cat heatmap: Taking shelter from the storm as cat losses run hot

The research team presents the June cat heatmap.

Noah Marchese, July 22, 2025

Insider On Air: Our Webinars & Podcast Channel

Webinars

Insider On Air

In Partnership with Moody's

[Webinar] Beyond property: The coming casualty catastrophe market

Join Insurance Insider, in partnership with Moody’s, for a free webinar at 10:30 EDT/15:30 BST on 30 September

July 21, 2025

In Partnership with Workday

The insurance CFO revolution: How to leverage tech to make smarter, faster decisions

Join us for a free webinar, in partnership with Workday, 10:30 EDT/15:30 BST, Oct 15

May 20, 2025

Podcasts

Behind the Headlines Podcast

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Behind the Headlines: Aon's Alfonso Valera and Steve Hofmann pre-Monte Carlo briefing

What’s next for the reinsurance market as Monte Carlo approaches?

September 04, 2025

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Behind the Headlines: Dean Hildebrandt and Will Ripley on the broking void filled by AG London

What happens when a global broker network decides to fill a gap in the London market itself?

August 21, 2025

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Behind the Headlines: Paul Greensmith on HW Kaufman’s global growth drive

What does it take to turn a family-run insurance group into a global powerhouse?

August 07, 2025

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Behind the Headlines: Richard Coulson on expanding and diversifying Fidelis's Pine Walk platform

How is The Fidelis Partnership choosing to launch into new insurance classes as it rapidly expands?

July 10, 2025

From our other titles

Enstar to be taken private by shareholder Sixth Street in $5.1bn deal

The deal values the business just under its closing price on Friday, at 0.97x book value.

Adam McNestrie, July 29, 2024

Aspen promotes Dunleavy to president and Pickering to group CFO

The new leadership structure is designed to create more accountable executive roles responsive to Aspen’s strategy.

Samuel Casey, July 29, 2024

Chubb adds $1.7bn US cat top layer to treaty

The insurer also pushed up its retention by $650mn.

Fiona Robertson, July 29, 2024

Insurance Insider provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.

Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.