Results
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In all, primary insurance renewal premiums have risen 6% so far in Q3. -
Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
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Hereford and Maya have written $83mn and $15mn in DWP for H1 2024, respectively.
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ATIC insures about 60% of the NY livery market.
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The GWP total marked an 18% year-over-year increase from $145bn in 2022.
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The highest releases in nearly 15 years challenge conventional wisdom on reserving.
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In July, The Woodlands Financial Group closed its IPO of 11 million Class A shares with gross proceeds of $187mn.
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Civil case, nuclear verdict and claims count data show worrying trends.
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The firm bolstered US liability reserves by $650mn in the H1 2024.
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The losses are "well above expectations" and above 2024 cat loss guidance.
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Return on capital employed hit 13% last year as the cost of capital fell to 8%.
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The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
Most Recent
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Daily Digest: Top news from September 20
September 20, 2024 -
Winners announced at 2024 Insurance Insider US Honors
September 20, 2024 -
Miami MGA XS Global expands into US E&S property
September 20, 2024 -
Beat Capital Partners and Ategrity’s Karpp to launch MGA proRISE in October
September 20, 2024 -
Greggains joins Ryan Specialty’s ISA as president
September 20, 2024