Kinsale
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Some disagreement remains in where rate declines have been swiftest and how much further they could go. -
Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
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The specialty carrier’s share price fell nearly 7% on the day of the call.
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Haney will remain on board as a senior adviser.
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The Insurance Insider US news team runs you through the earnings results for the day.
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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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Commercial property poses the most intense competition due to rates dropping, terms and conditions, and line size.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The latest E&S player planning to IPO remains a “show me” story.
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Commercial property premium growth declined 18% in Q1, as rates fell 20%.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The latest cat event may not be enough to change the overall market, he added.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Hartford made the unusual move of calling out current AY development.
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Kinsale’s cat losses for Q3 were “quite modest” including hurricanes Francine and Helene.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Hartford and Aon also posted notable, though more muted, stock bumps.
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The CEO estimated that the loss trend is running in the high 5% range, slightly below the carrier’s rate increase.
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A roundup of today’s need-to-know news, including Commissioner Lara’s FAIR plan reforms.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Industry trends show the Axis book value growth goal may be hard to hit.
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The company reported 25.5% increase in GWP, down from the 40% growth in prior years.
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The Insurance Insider US news team runs you through the earnings results for the day.
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General liability represented the largest share of Kinsale’s reserves.
