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The Insurance Insider US news team runs you through the earnings results for the day. -
The SME and middle market segments remain ‘pretty healthy’.
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The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.
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Pricing was “virtually flat” in the second quarter.
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The CEO said business remains adequately priced in most classes.
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The carrier is reducing its exposure to quota shares and shifting to XoL.
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The carrier said market dynamics were shifting due to increased capacity.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The broker posted a 6.5% drop in organic growth YoY.
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New business written premiums were up in the commercial and E&S segments, but decreased in personal lines.
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This brings the carrier’s total limit on the program to $1.8bn.
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Smaller accounts remain less affected by an influx of MGAs.
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