Universal
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The CEO noted that the tort reforms have not led to rate pressure yet.
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A roundup of today’s need-to-know news, including Commissioner Lara’s FAIR plan reforms.
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The Insurance Insider US news team runs you through the earnings results for the day.
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This compares to the 2023-2024 tower which covered losses up to $2.83bn.
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The carrier has completed its 2024-25 reinsurance renewal.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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In addition, the executive is eligible to receive an annual bonus of $262,000 for threshold performance, and up to $437,500 for maximum performance.
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Cedeño Camacho will expand his insurance carrier holdings to North America.
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The loss was well within the company’s net retention. Losses from other weather events during the quarter added up to another $10mn-$15mn.
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AJ Gallagher posts 10.5% Q3 organic growth, lower sequentially but up year-on-year
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At the same time, insurers are assessing the level needed to address loss cost trends.