The Hartford

The scheme is expected to commence following the report of Q4 earnings, and last until the end of 2022.

Brett Brownell has joined the business from WKFC and previously worked at Beazley.

The potential for an inflection point on pricing in the near future was a key Q3 conference call theme.

The ratings agency has also lowered the ICR of The Hartford subsidiary.

Insurance stocks hurtled upwards on a Biden victory and bullish vaccine news.

Bob Gulino has worked at the carrier for over two decades.

Premia will use the entity as a platform for legacy deals in the continental European insurance market.

Mini-MDLs will be established for some lawsuits brought against Arch, United Specialty and Society Insurance.

A judge has decided that the lawsuit should remain in Texas state court.

The federal body ordered Lloyd’s, Cincinnati Insurance, The Hartford and Society Insurance to demonstrate why the cases should not be consolidated on an insurer-by-insurer basis.

The Hartford is looking to shave 2-2.5 points off its P&C expense ratio and 1.5 points off its group benefits expense base.

A program dubbed Hartford Next is expected to start immediately with $120mn of investments required to achieve the savings over the next two quarters.