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FedNat investor Capital Returns sues for shareholder meeting
The activist has filed a lawsuit in Florida state court alleging that FedNat is in violation of Florida law.
Laura Sanicola
,
July 30, 2019
Markel beats consensus as co-CEOs praise operating units
Markel beats second quarter operating earnings expectations by 2.7 percent as favourable reserve development drops by $38.9mn.
Christopher Munro
,
July 30, 2019
Cincinnati Financial new business up 17%
The result was driven by an improved P&C combined ratio, with favourable development offsetting significantly higher catastrophes
Gavin Davis
,
July 30, 2019
Arch confirms it will acquire Barbican
The transaction likely values the business at between £140mn and £150mn.
John Hewitt Jones
,
July 30, 2019
Aon taps Guy Carpenter’s Fleming for executive post
Market sources said he will begin his new role in mid-September.
Laura Sanicola
,
July 30, 2019
Second-quarter loss costs stay stable: Donegal CFO
Donegal's CFO Miller said the carrier had not recorded a meaningful increase in claims over the period.
John Hewitt Jones
,
July 30, 2019
Floridian regulator slashes Citizens multi-peril rate increase to 2.6%
The reduction in rate rises permitted for the class of insurance follows a public pricing review.
John Hewitt Jones
,
July 30, 2019
US property submissions are going up 'substantially': Grandisson
The executive said certain excess and surplus (E&S) business – including property -- is flowing back to the US from Lloyd’s and other markets.
Laura Sanicola
,
July 30, 2019
Rate rises remain ‘spotty’ and more still needed: Addesso
Encouraging signs that the (re)insurance industry will continue to see rate rises, says Everest Re’s CEO.
Christopher Munro
,
July 30, 2019
MMC’s Glaser ‘satisfied’ with staff retention levels
The CEO says overall Q2 employee turnover at the JLT component of the business was little changed from last year, though slightly higher in the UK.
Rachel Dalton
,
July 30, 2019
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