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Two events comprised approximately 80% of the losses. -
The Insurance Insider US news team runs you through the earnings results for the day.
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For 2016 and 2017, in particular, the loss picks were raised to 91% and 96%, respectively.
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Its property cat aggregate cover renewed with improved coverage.
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The homeowners’ CoR worsened 39 points sequentially to 107.9%.
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Insurance Insider US runs you through the earnings results for the day.
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NA commercial lines Q4 CoR increased 0.7 points to 85.1%.
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Auto-related CPI values continue to drop, while premium inflation hits new highs
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Is this a temporary spike or the start of a multi-quarter trend?
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The fronting company has been expanding its surety business in the US.
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The carrier expects to "get smaller in New Jersey" due to lack of rate adequacy.
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The carrier said it has acted prudently on 2016-19 GL loss trends.
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