-
The company’s board continues evaluating strategic options, including a full sale. -
GL reserves continue adverse development trend for 2015-2019 accident years.
-
The carrier’s sales process is ongoing, and it will provide an update “in due course”.
-
Workers' comp saw an ongoing significant increase in losses.
-
The company reported 24% top line growth in Q4 2023.
-
The deals completed in 2023 represented over $140mn of annual historic revenue, Ryan said.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The carrier also plans to ramp up media spend.
-
Root’s improved results make it an attractive acquisition, not a comeback story.
-
He praised 2023 insurance results as other sectors were a “disappointment”.
-
Geico reported lower frequency, higher severity and increased favorable development.
-
The Insurance Insider US news team runs you through the earnings results for the day.
