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It's the cheating phase, stupid
CNA Q3 operating EPS fell 68% YoY to $0.37 per share missing consensus estimate of $1.02, as both P&C and Life & Group operating results weakened – driven by the first adverse development in P&C since Q1-15 and a charge related to life reserves.
IPC Research
,
October 28, 2019
California declares state of emergency as wildfires spread
PG&E shares fell almost 30 percent to $5.05 in trading Friday.
Bernard Goyder
,
October 25, 2019
Charter Lakes strikes capacity deal with Great American
Great American replaces Axa-XL as a paper provider for the AJ Gallagher-owned marine managing general agent.
Christopher Munro
,
October 25, 2019
Brokers: The expectations escalator
The dynamic facing brokers appears clear: on one hand, they've been operating with the wind at their back. On the other, tailwinds led to expectations that appear to only be accelerating.
IPC Research
,
October 25, 2019
Tornadoes to cost Texan insurers $2bn
The Insurance Council of Texas has estimated the industry‘s exposure to this week’s tornadoes will total $2bn.
Sofia Geraghty
,
October 25, 2019
Aon’s Case ‘very hopeful’ about Lloyd’s blueprint
The CEO downplayed the threat that market reform could pose for intermediaries.
Samuel Casey
,
October 25, 2019
Clients wary of firmer pricing message: Pat Gallagher
The AJG CEO once again dismisses suggestions the market is "hard".
Bernard Goyder
,
October 24, 2019
AJ Gallagher reports organic growth of 5.8% in Q3 beat
Third quarter operating income increased by 16.6 percent year on year to $285.4mn
Bernard Goyder
,
October 24, 2019
Florida intermediary BRP Group makes IPO debut
JP Morgan and Bank of America Securities are joint book runners on the offering.
Bernard Goyder
,
October 24, 2019
Brit’s former Miami head opens new MGA
Property fac-focussed Brickell Underwriting Agency will open in early November and begin writing risks from 31 December.
Christopher Munro
,
October 24, 2019
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