-
More than 33,000 claims had been filed as of 5 February.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The losses do not change the near-term assessment of CinFin’s balance sheet strength.
-
Casualty reserve concerns continue to mount as releases remain elevated.
-
The broker attributed the drop to smaller average deal sizes over the quarter.
-
His predecessor Peed remains with the firm as executive chairman.
-
The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.
-
The company will ‘aggressively pursue subrogation’ for the Eaton Fire.
-
The company is on target to write around $700mn in premiums this year.
-
The supply chain in personal auto, and the impact on inflation are areas of concern.
-
The LA-based carrier said it did not expect the event to result in credit defaults.
-
Insurers could absorb as much as 90% of this year’s already elevated losses given shifts in attachment points.