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Medmal social inflation in focus
Swiss Re’s medmal exit comes after ProAssurance’s warning last quarter of companies being “swept away by the tide”.
IPC Research
,
August 02, 2019
Heritage underwriting results hurt by cats in Q2
Despite a 105 percent combined ratio the Floridian carrier beat Wall Street’s expectations by $0.05.
Laura Sanicola
,
August 01, 2019
The Hartford reports $149mn reserve charge from Navigators deal
The carrier's core earnings rose by 17.7 percent year over year to $1.33 per share in Q2 2019.
Dan Lukpanov
,
August 01, 2019
Fairfax operating profits improve on investment returns
Fairfax Financial‘s operating earnings leapt by 35.6 percent in Q2 to $17.18 per share in Q1, as all Fairfax units made an underwriting profit.
Bernard Goyder
,
August 01, 2019
Swiss Re CorSo withdraws from US medmal
The underperforming division is working to reduce annual gross premiums written by $900mn.
Catrin Shi
,
August 01, 2019
James River ‘incredibly well-positioned’ as expense ratio falls: Myron
Price rises and submission increases boosted the specialty (re)insurer’s second quarter.
Bernard Goyder
,
August 01, 2019
FHCF will pick up ‘vast majority’ of Irma loss development: Universal
The carrier’s gross loss from the hurricane has now increased to $1.1bn.
Laura Sanicola
,
August 01, 2019
Chubb promotes Ortega to overseas GI president
He takes over from Juan Andrade, who this morning was named as incoming Everest Re CEO.
Bernard Goyder
,
August 01, 2019
Aviation broking moves continue apace with Willis Vine hire
Vine will report to Jason Klevens and joins the intermediary’s Houston operation.
John Hewitt Jones
,
August 01, 2019
Commercial auto ‘well below’ targets despite rate hikes: Hanover’s Roche
Corrective pricing action is moving commercial auto unit in the right direction, but more is still to be done, the executive said.
Christopher Munro
,
August 01, 2019
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