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Hanover news from Insurance Insider
The CEO said the carrier is seeing sequential PIF growth in several states.
The Insurance Insider US news team runs you through the earnings results for the day.
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.
Competitor news
Competitor news
Competitor news
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Opportunities for growth remain in small and medium commercial accounts. -
The Insurance Insider US news team runs you through the earnings results for the day.
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Selective’s CEO earlier attributed Q3 adverse development to the NJ market.
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In Partnership with Moody'sJoin Insurance Insider for a free webinar, offered in partnership with Moody’s, at 10:30 EST/15:30 GMT on 22 January
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