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The firm’s trajectory could, however, make it harder to meet guidance going forward. -
The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines.
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The industry posted a good quarter, but reserving and loss cost concerns hardly abated.
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends.
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A signal around Q4 adverse development has brought the carrier into the spotlight.
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It’s time regulators take decisive action regarding the company and regulation, sources say.
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Milton and Helene, casualty reserves and growth will be some of this year’s topics.
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Florida insurers averted a crisis, but reinsurers will still see damages.
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The looming collapse of the city’s biggest livery insurer may not be cause for national concern.
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Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
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Casualty will likely fuel some of the E&S growth, the executive said.
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The binding authority market is also “ripe” for consolidation, the CEO said.
