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Large accounts property remains competitive as pricing softens, Greenberg said. -
The carrier's Q2 reserve releases rose to $249mn from $192mn on favorable NA personal development.
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The carrier’s top line grew to $890m in the first half of 2025.
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Recent inbound offers can “oftentimes” be a leading indicator that the market is slowing, he said.
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The Insurance Insider US news team runs you through the earnings results for the day.
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On the rate environment, Schnitzer said the amplitude of the pricing cycle is shrinking.
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The technology will help analyze growing and emerging risks, especially climate change.
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Cat losses declined to $927mn from over $1.5bn a year ago on windstorms and hailstorms.
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Total revenues grew 12% due to the contribution from acquisitions.
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P&C’s outperformance lead dwindles, while specialty rises above other segments.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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