Header
Your dedicated content hub
Fuel a smarter strategy with our actionable market intelligence
Hanover News
Hanover news from Insurance Insider
CEO Roche said that “significant price increases” are still to come, however.
The Insurance Insider US news team runs you through the earnings results for the day.
The company is also pursuing “deconcentration” to lower SCS exposure.
The Insurance Insider US news team runs you through the earnings results for the day.
The coverage will only be available in Illinois and Michigan at first.
The executive will continue to lead personal lines and core commercial.
Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
The carrier anticipates the impact of the wildfires to drive January cat losses up to $40mn.
The Insurance Insider US news team runs you through the earnings results for the day.
Middle market premiums were lower in Q3, but the company is confident growth will resume in Q4.
The Insurance Insider US news team runs you through the earnings results for the day.
Regionals may be particularly vulnerable to problematic loss cost trends and volatile cat losses.
The executive said the company remains optimistic about small commercial, where NWP grew 8.5% in Q2.
The Insurance Insider US news team runs you through the earnings results for the day.
The losses primarily resulted from severe convective storm activity.
Roche said the company's deliberate efforts to limit exposure in the Midwest offset loss trends.
The Insurance Insider US news team runs you through the earnings results for the day.
Markel, Axis and Selective booked sizeable reserve charges in their liability segments.
Insurance Insider US runs you through the earnings results for the day.
She joined The Hanover in 2015 and since 2018 has served as CUO of technology and life sciences underwriting.
Marohn will lead the company's E&S business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers.
Its Q3 cat losses of $196mn primarily resulted from severe convective storms in the region, and drove the overall combined ratio to come at 104.4%.
The Inside P&C news team runs you through the earnings results for the day.
A clear commonality is already emerging much as it did in the previous quarter, when severe convective storms – particularly hail – also dominated.
The carrier’s cat loss estimate for Q3 2023 is more than twice Q3 2022’s $90.1mn, which included $28mn attributable to Hurricane Ian.
Competitor news
Competitor news
Competitor news
-
Cat losses in July were below historical trends, but all eyes are on peak hurricane season. -
Full-stack carriers fail to outclass incumbents with no clear platform differentiation.
-
The executive was previously Navigators’ head of excess casualty.
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
-
In Partnership With BeazleyBusinesses are increasingly interested not just in property catastrophe insurance, but also parametric solutions and directors & officers to help cover claims related to climate change, said Bob Quane, chief underwriting officer, Beazley.
-
In Partnership With MarkelJoin Insurance Insider for a free webinar, 10.30 ET/15.30 GMT on 15 October,
-
Smaller companies may follow in the steps of the larger insurers who’ve already taken charges. “That trend has legs,” said Marc Adee, Chairman and Chief Executive Officer, Crum & Forster.
From our other titles
From our other titles
From our other titles
From Insurance Insider US
Commercial lines rate increases slow to 3.8%: WTW
The figure is down from 5.9% in Q2 2024.
From Insurance Insider
LIVE from Monte: Mereo CEO Croom-Johnson
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From Insurance Insider
LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
From Insurance Insider US
Brown & Brown appoints Hearn to lead global operations
The executive has been serving as COO since February.
From Insurance Insider US
WTW books 5% organic growth in Q2
The R&B unit posted organic growth of 6% in the quarter.
From Insurance Insider US
Conduit reports H1 loss and 122% CoR in ‘period of transition’
The carrier said market dynamics were shifting due to increased capacity.
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.