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Chubb’s Greenberg highlights rate hike acceleration in Q3

The CEO says pricing on London wholesale lines was up 17 percent in the quarter.

Rachel Dalton, October 30, 2019
Argo shares slump 8% after reserve charge warning

The carrier expects a $42mn prior-year reserve charge in Q3.

Samuel Casey, October 30, 2019
Class actions over Markel Catco dropped

This came as Markel said it would commit up to $100mn to new retro fund manager Lodgepine.

Sofia Geraghty, October 30, 2019
Heavy credit claims weighed on Axis Q3 loss costs: Benchimol

The executive said recent bankruptcies had contributed to the insurer’s elevated losses.

John Hewitt Jones, October 30, 2019
California wildfire containment grows but unfavourable conditions persist

Kincade Fire containment doubled overnight, with the Tick Fire now 94 percent contained.

Anna Sagar, October 30, 2019
Carlyle to buy majority stake in US broker Hilb

Abry exits its holding in a deal believed to value the business at around $1bn.

Rachel Dalton, October 30, 2019
Axis and Argo shares slide as claims bite in Q3

Axis reported a Q3 operating loss, while Argo anticipates a $42mn reserve charge in the period.

Samuel Casey, October 30, 2019
Enstar acquires $800mn captive from BorgWarner

Liabilities involved are associated with asbestos and environmental claims.

Rachel Dalton, October 30, 2019
MMC's Q3 restores optimism on JLT synergies & growth

On its Q3 earnings call on Tuesday, MMC played up revenue synergies following vivid signs that JLT cost synergies are already working out.

IPC Research, October 30, 2019
Is Chubb still a growth story?

Chubb's moment of truth on growth arrives

IPC Research, October 30, 2019

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