CNA

Hurricane Milton losses are currently estimated at $25mn-$55mn.

Overall long-run loss cost trends are unchanged at around 6.5%.

Analysis shows several CEOs with pay diverging from the trendline.

Robusto will take an executive chairmanship position on the insurer’s board of directors.

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

Long-run loss cost trends in the US are at 6.5% as a result.

Commercial auto and medmal had slight unfavorable developments in 2023.

Underwriting and investment income rose for P&C business.

Broker and commercial carrier trends separate as inflation slows but rates stay elevated.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The Inside P&C news team runs you through the earnings results for the day.

CNA continued to push for rate in lines of business affected by social inflation in Q3, as CEO Dino Robusto said the carrier was “pleased that there is an increasing awareness for this need in the marketplace”.