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APCIA gripped by uncertainty as cat creep, social inflation and retro stoke fears
The conference in Boston also flagged anxiety about a third year of wildfire losses from California.
Christopher Munro
,
October 30, 2019
Ascot launches US management liability and financial lines division
The new business segment will target premiums of about $50mn-$100mn over the next five years.
John Hewitt Jones
,
October 30, 2019
Fire takes hold near Reagan Library in Simi Valley
Wildfire reconstruction costs in California to exceed $535mn, data from CoreLogic shows.
Bernard Goyder
,
October 30, 2019
Hanover beats as commercial auto improvement offsets property losses
Hanover Insurance Group reported operating income for Q3 of $2.31/sh, a 17% increase from $1.97/sh in the prior period and a beat versus consensus at $2.09.
Gavin Davis
,
October 30, 2019
Donegal: Underwriting improves on lower weather losses
Donegal reported net operating income of $0.20/sh in Q3, up from a $0.03/sh loss in the prior-year period as weather-related losses subsided.
Dan Lukpanov
,
October 30, 2019
Hagibis to cost industry circa $15bn: RenRe's O'Donnell
O'Donnell said the market is “missing the point” about the dangers of climate change.
Bernard Goyder
,
October 30, 2019
Selective: Non-cat property losses ding Q3
Selective reported operating EPS of $0.97/sh, down 2% versus $0.99/sh in the prior year period and modest miss against consensus of $1.06/sh.
Gavin Davis
,
October 30, 2019
UIHC: Misses on higher cats, Dorian losses
United (UIHC) missed analyst earnings estimates Wednesday evening, posting a greater loss than anticipated off higher cats than expected.
James Thaler
,
October 30, 2019
Arch open for more large commercial property risk
The company is among just a few carriers looking to write more business, CEO Marc Grandisson claims.
Christopher Munro
,
October 30, 2019
Markel avoiding the worst of social inflation: Richie Whitt
The executive was talking to analysts during a call to discuss Markel’s third-quarter 2019 results.
Christie Smythe
,
October 30, 2019
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