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High general liability losses are cause for concern despite modest improvements in other lines.
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Sources said that the program manager is being advised by Dowling Hales.
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Strong underwriting performance and aggressive repricing of risks in most lines has aided stability.
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The executive will begin serving as Hiscox USA’s CUO as of May 5.
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Macroeconomic volatility could also create top-line headwinds.
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The insurer's professional liability reinsurance book shrank by around 25%.
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What past trends can tell us about the future of commercial reserving.
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Defendants claim that Tradesman lacks standing to bring the case.
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The InsurTech was also removed from under review, negative.
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Newly released annual stat filings on reserve data show some troubling trends.
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The industry continues to take reserve addition medicine in smaller doses than recommended.