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Lockton appoints senior VP at Texas marine division
Thomas Ptacek joins the broker’s marine business from Marsh.
John Hewitt Jones
,
October 31, 2019
‘Freight train’ of capital targeting brokers: Marsh Berry CEO
Up to $188bn of investors capital has allocated to the insurance sector, including $144bn in private equity capital, Marsh Berry data shows.
Bernard Goyder
,
October 31, 2019
Amerisafe: Best combined ratio since 2016 amid soft WC market
Amerisafe reported net operating income of $1.09/sh, a 36% beat versus consensus estimate of $0.8/sh and up from $1.01/sh in Q3:18 as underwriting profit and investment income advance.
Dan Lukpanov
,
October 31, 2019
RMS pegs Hagibis losses at $7bn-$11bn
RenaissanceRe earlier said it expects industry claims from the typhoon to hit $15bn.
John Hewitt Jones
,
October 31, 2019
Heritage: Beats on lower cats
Heritage Insurance beat analyst estimates, delivering EPS of $.28/sh versus analyst expectations of $.14/sh.
James Thaler
,
October 31, 2019
Willis: Good enough is not enough
Willis’ in-line print provided a perfect opportunity to test the elevated market expectations on brokers’ operating performance
IPC Research
,
October 31, 2019
Kinsale highlights a strong E&S trading environment
Kinsale reported 41% growth in GWP to $98mn.
IPC Research
,
October 31, 2019
Selective names CEO successor amid AM Best outlook upgrade
AM Best upgrades the outlook of the A rated company from stable to positive.
Bernard Goyder
,
October 31, 2019
Universal and United reveal further prior year creep
The two Florida-based insurers have continued to suffer increased losses from prior year events such as Hurricanes Irma and Michael.
Christopher Munro
,
October 31, 2019
State Auto Q3 operating EPS down 23%, shares fall 3.5%
On Thursday, State Auto reported its third quarter results which included a 23% decline it its operating EPS to $0.34 per share.
IPC Research
,
October 31, 2019
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