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As the federal government tightens rules on PFAS and lawsuits swell, calculating the exposure for the insurance industry is a daunting task.
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The firm initiated an exploration of strategic alternatives – including a potential sale or merger.
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The commercial lines bellwether reported positive quarterly earnings, but challenges may still be ahead.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Activist investors continue to tighten the screw on the insurer’s management team.
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The $130mn-$140mn reserve charge undermines the management case that it can turn the business around.
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The firm posted positive quarterly earnings results, but it's too soon view this this as a new trendline.
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The reinsurer added $280mn in casualty pro rata premium in Q4, a 60% jump, while growing casualty XoL writings by 37%, or about $84mn in new premium.
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The insurer becomes the latest carrier to more heavily draw a distinction between its wholesale and retail units.