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The reinsurance CoR fell 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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The Canadian insurer saw property rates dip across its global divisions, but it had strong rate on liability.
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Reinsurers are mostly aligned on cat reinsurance, but goals are otherwise diverse.
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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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The president expects to see benefits from the deal in H2 2026.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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The Insurance Insider US news team runs you through the earnings results for the day.
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In liability, the carrier is steering away from where inflation has been volatile.
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CEO Roche said that “significant price increases” are still to come, however.
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WTW is “particularly interested” in growing markets like wealth management with bolt-on M&A.
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Specialty casualty now accounts for around 22.2% of its insurance business mix.
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