CNA
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The carrier’s forensic investigators say the incident has been contained. -
The insurer said the attack impacted certain CNA systems, including corporate email.
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The CEO notes the insurer achieved rate hikes of about 40% on aging services risks during the quarter.
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Canada chief Nick Creatura joins the executive leadership team.
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An improved expense ratio and fewer cat losses partially offset the decline at the Dino Robusto-led carrier.
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The withdrawals are part of ongoing efforts to redeploy capital away from underperforming lines of business.
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The experienced underwriter helped launch the carriers Lloyd’s healthcare offering.
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P&C rate growth accelerates to 4 percent from 1 percent.
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Ongoing political uncertainty continues to erode business confidence.
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