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Insurance Insider US runs you through the earnings results for the day. -
Treaty costs were slightly lower than for 2023 in risk-adjusted terms.
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Umbrella was "modestly profitable" in 2023, despite challenges in 2022.
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Insurance Insider US runs you through the earnings results for the day.
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The CEO said winning back clients had “validated” the broker’s approach.
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Commercial carrier earnings continue to show mixed prior-year development.
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Risk and broking was driven by new business, client retention and rates.
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Commercial auto and medmal had slight unfavorable developments in 2023.
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The growth positives of last year are showing signs of fading.
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Underwriting and investment income rose for P&C business.
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Commercial property pricing rose 11%, while personal auto grew 21.9%.
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The broker wants to “draw a line under the issue” and trade forward.
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