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Axis ‘rightsized’ US E&S property portfolio: Benchimol
Axis made “substantial” reductions to property exposures that caused the segment’s gross written premium to decline by 25 percent.
Laura Sanicola
,
July 31, 2019
US grocer sues XL and Zurich over $225mn opioid liability cover
The Pennsylvania-based grocer has been named in multiple lawsuits by plaintiffs seeking to recover billions of dollars over opioids.
Laura Sanicola
,
July 31, 2019
Amerisafe’s premiums down 7.1% amid soft pricing
The specialty workers’ compensation insurer reported GWP of $87mn, down 7.1 percent year on year.
Dan Lukpanov
,
July 31, 2019
E&S underwriting results boosts Selective’s Q2
Better E&S underwriting results and NII boost partially offset by offset by higher cats and expenses.
Dan Lukpanov
,
July 31, 2019
Markel's Whitt urges higher professional lines and casualty rates
The co-CEO warns a higher catastrophe frequency and severity also calls for more rate.
Bernard Goyder
,
July 31, 2019
Willis hints at business wins in wake of Marsh-JLT merger
CFO Michael Burwell attributed strong reinsurance growth to resulting favourable market conditions.
Samuel Casey
,
July 31, 2019
AIG leads cyber market on $400mn Capital One tower
If the cover is exhausted, the Capital One data breach would mark a new record claim for the cyber market.
Catrin Shi
,
July 31, 2019
MMC: Closing the margin gap > revenue headwinds
Expect a messy first year at MMC post-JLT. But longer term, the opportunity to close the margin gap on acquired and retained revenues is huge relative to earnings on likely lost revenue.
IPC Research
,
July 31, 2019
James River grows core E&S top line 81%
James River’s operating earnings increased 14 percent year over year to $0.66 per share
Gianluca Casapietra
,
July 31, 2019
Investments offset cat creep at Axis
The company said “pricing momentum continues to build across substantially all business lines”.
Gavin Davis
,
July 30, 2019
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