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Loss picks for other liability are at a 23-year high, but that still may not be enough. -
CNA has been part of Euclid’s panel in EMEA since early 2022.
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The two join the company from Navigators, a subsidiary of The Hartford.
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This is Chubb’s second MGA deal in the past few months.
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Industry trends show the Axis book value growth goal may be hard to hit.
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Sentry launched its specialty lines division in 2022.
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The firm’s underwriting performance is hard to piece together from the limited available data.
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The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
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The cyber underwriter also raised the annual revenue to $5bn for companies it will offer coverage to.
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Regulatory compliance risks were listed as the third-greatest concern.
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The Incyde Risk facility will provide up to $25mn in capacity on a primary and first-excess basis.
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The most common breach type was law compliance, followed by financial statements.
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