The Hanover
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CEO Roche said that “significant price increases” are still to come, however.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company is also pursuing “deconcentration” to lower SCS exposure.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The coverage will only be available in Illinois and Michigan at first.
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The executive will continue to lead personal lines and core commercial.
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Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
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The carrier anticipates the impact of the wildfires to drive January cat losses up to $40mn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Middle market premiums were lower in Q3, but the company is confident growth will resume in Q4.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Regionals may be particularly vulnerable to problematic loss cost trends and volatile cat losses.
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The executive said the company remains optimistic about small commercial, where NWP grew 8.5% in Q2.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The losses primarily resulted from severe convective storm activity.
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Roche said the company's deliberate efforts to limit exposure in the Midwest offset loss trends.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Markel, Axis and Selective booked sizeable reserve charges in their liability segments.
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Insurance Insider US runs you through the earnings results for the day.
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She joined The Hanover in 2015 and since 2018 has served as CUO of technology and life sciences underwriting.
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Marohn will lead the company's E&S business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers.
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Its Q3 cat losses of $196mn primarily resulted from severe convective storms in the region, and drove the overall combined ratio to come at 104.4%.
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The Inside P&C news team runs you through the earnings results for the day.
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A clear commonality is already emerging much as it did in the previous quarter, when severe convective storms – particularly hail – also dominated.