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Cat losses declined to $927mn from over $1.5bn a year ago on windstorms and hailstorms.
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The broker has emerged as the emphatic winner of the supercycle, but new tests are coming.
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Total revenues grew 12% due to the contribution from acquisitions.
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The suit claims billions of dollars are being illegally withheld.
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PL coverage is being stripped out of admitted, packaged policies and increasingly purchased in the E&S market.
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A quick roundup of today’s need-to-know news, including a Keystone investment, nat-cat losses and more.
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Rate gains are easing across many commercial and personal lines.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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The executive had been Stone Point’s representative on Higginbotham’s board.
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This publication revealed the planned stake purchase earlier this week.
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Underhill spent nine years at BHSI as global head of transactional liability.
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Peter Cordell will join Syndicate 1729 in January.