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E&S premiums rise 19% nationally in 2019

E&S premiums across 15 US stamping offices nationally increased 19% to $37.5bn in 2019, while the same offices recorded a total of 4.9mn filings, a roughly 9% increase from the 4.4mn filings in 2018.

IPC Research, January 29, 2020
AIG re-underwriting continues with surety withdrawal

AIG’s decision to exit the surety market illustrates that the re-underwriting wheels continue to turn at the carrier as it looks to dampen underwriting volatility and move away from its previous “large-limits strategy”.

IPC Research, January 29, 2020
Brown & Brown results point to another strong quarter for brokers

Brown & Brown's Q4 earnings release included improved organic growth of 5.2% that exceeded analyst expectations and the company’s own guidance of 2.9% telegraphed in Q3.

IPC Research, January 29, 2020
WR Berkley: Pain for thee but not for me

WR Berkley reported Q4 op. EPS of $0.71 versus $0.63 YoY and a dead meet to consensus.

IPC Research, January 29, 2020
E&S submissions growth shows ‘clear evidence’ of carrier leverage: Berkley

WR Berkley has witnessed a surge in E&S submissions even as rates creep upward.

John Hewitt Jones, January 29, 2020
E&S premiums rose 19.3% in 2019: Stamping Office of Texas

California recorded a 34.1 percent jump in excess and surplus premiums written compared with the previous year.

John Hewitt Jones, January 28, 2020
Brown & Brown share price jumps 7% on strong earnings

The wider insurance broking sector also rose on Tuesday, with MMC, Aon and Willis shares also up.

Bernard Goyder, January 28, 2020
WR Berkley: Pain for thee but growth for me

Berkley's earnings relied heavily on below trend expenses and lower cats, while both the AY loss ratio and PYD deteriorated meaningfully.

IPC Research, January 28, 2020
Insurance M&A falls to lowest level since 2013: S&P

S&P warned that high deal valuations had kept some potential acquirers on the sidelines.

Bernard Goyder, January 28, 2020
Nationwide E&S brokerage targets casualty expansion

SVP Tom Jurgens told The Insurance Insider that he expects the book to grow at least 15 percent this year.

Bernard Goyder, January 28, 2020

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