Commercial E&S
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Curtis Fletcher has been named president and CEO of the new business, effective immediately.
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The two specialty insurers reported strong Q3 2022 earnings, continuing to outperform the commercial industry in underwriting gains and value creation.
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If rapidly changing macro trends like climate change and tech development have fueled the market’s growth, inflation could do the same, the executive said.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Licensed in Arizona, the (re)insurer will play only in non-nat cat specialties by providing low limits coverage in transportation, ocean/inland marine, cyber and GL lines.
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Core Specialty CEO Jeff Consolino noted that the recent Hallmark deal places the firm among the 20 largest E&S writers.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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August was the fifth consecutive month to exceed more than $1bn in premiums, fueling a 26.3% year-to-date increase in premiums written to $7.81bn.
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Other firms such as Lexington, QBE and Zurich ranked among the top 20 underwriters in the six counties with highest exposure to Ian.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.