Reserving
-
AIG sees improvement from tightened underwriting, though value creation has yet to catch up.
-
From here on out, insurers will likely have to rely on the strength of their individual stories.
-
Industry results look good despite recent GDP/CPI numbers, but there is still cause for concern.
-
Light cat losses, reserve development, and pricing trends are key topics in Q1.
-
Workers’ comp releases continue to mask deteriorating reserves in 2023.
-
Parties will be invited to submit bids again later this month.
-
The firm took a major reserve charge and has gone into remediation mode.