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Arch beats on improved reinsurance U/W results, lower cats
Arch reported operating EPS of $0.74 last night, beating analyst estimates of $0.68/sh.
IPC Research
,
February 12, 2020
Marsh’s pricing index points to more synchronized global market firming
The #1 broker’s proprietary pricing index showed an 11% rate increase as the firming accelerated in Q4 at all major global regions and lines of business.
IPC Research
,
February 12, 2020
Axa and McGowan form entertainment joint venture
The combined vehicle will write P&C cover for amusement parks, arcades and carnivals.
Rachel Dalton
,
February 12, 2020
Public sector cyber claims not all they seem: Travelers’ Chang
New York State is reviewing two bills that would ban US municipalities from making ransomware payments.
John Hewitt Jones
,
February 11, 2020
Market shifting from ‘U’ to a ‘W’: Everest Re’s Doucette
The executive told analysts that reinsurance rates are starting to climb in certain areas, offering opportunities.
Christie Smythe
,
February 11, 2020
Kemper: Auto competition focused in standard & preferred
Kemper pointed to divergent competitive trends between non-standard and preferred.
IPC Research
,
February 11, 2020
Mercury Q4 improves, discloses auto frequency of +2%
Mercury General reported improved YoY earnings but a notable increase in frequency.
IPC Research
,
February 11, 2020
Everest Re beats analyst estimates on improved underwriting, better NII
Everest reported Q4 operating EPS of $3.20/sh, easily beating analyst estimates, albeit against a consensus that had the benefit of pre-announced cat losses.
IPC Research
,
February 11, 2020
CNA earnings: A quarter when everything went right, but another red flag on medmal
Perhaps the most interesting takeaway was another red flag on medmal.
IPC Research
,
February 11, 2020
The conglomerization of reinsurance
The trend towards the “conglomerization” of reinsurance entities integrating into large insurance companies seems set to continue, with the likely acquisition of PartnerRe by French mutual Covea.
IPC Research
,
February 11, 2020
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