Insurers
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The former executive passed away following a 40-year career in insurance. -
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Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.
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The Insurance Insider US news team runs you through the earnings results for the day.
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It is targeting low-risk specialty lines where it has a competitive edge.
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The program is set to begin binding this month.
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Submissions flow at E&S arm Lexington increased 28% year-over-year in Q2.
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More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
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Rates continue to fall across the state but are firmer in the southeast region.
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Q2 cat losses at AIG declined to $170mn from $330mn in the prior year quarter.
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Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
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Social inflation is driving non-renewals, while CoRs are up for P&C and casualty.
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