The Hartford
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Garrison will lead the strategic direction, growth, and underwriting for the Navigators brand.
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The firm’s acquisition of accident & health and life business in East Asia eliminates the chance that a merger with The Hartford will go through.
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With hundreds of coronavirus-related BI suits working through state and federal courts, insurers still face a multi-billion-dollar challenge to keep judges and juries ruling in their favor.
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The TCC has been appointed by the office of the US Trustee as the official representative for the estimated 82,5000 survivors of childhood sexual abuse related to BSA activities.
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The figure is an increase from the original $650mn settlement agreed to in April.
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Speaking at an investor conference on Monday, CFO Beth Costello said the company expects losses to fall well below Hartford’s cat program retention.
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The chief executive said on Thursday the company has made progress in re-underwriting its specialty book, and that no new M&A is on the horizon.
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The surge likely reflects talk in the buy-side community fuelled by tracking the latter's private jet.
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The Inside P&C Select Index outperformed the S&P 500 (5.7% to 2.9%) in August, despite Hurricane Ida making landfall.
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The newcomers are finding it more difficult to disrupt the sector than they had expected.
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Employment data indicates that easy growth and margin expansion may slow soon.
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In a landmark hearing, a Delaware judge struck down a provision that would have allowed the Boy Scouts of America’s withdrawal from its April agreement with The Hartford.