WR Berkley
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The Japanese P&C carrier purchased 15% of WR Berkley shares in March this year. -
Some disagreement remains in where rate declines have been swiftest and how much further they could go.
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Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
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Cat losses in Q3 were light as peak hurricane season passes without incident.
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The CEO also said that the “bloom is off the rose” in the E&S property market.
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The Insurance Insider US news team runs you through the earnings results for the day.
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She joins the specialty insurer after working at Hamilton as CUO.
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Insurers did not see a slowdown in rate but some are still fine-tuning their portfolios following the LA fires.
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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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Loss trend concerns persist, but insurers are vouching on the opportunity to push for more rate increases.
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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.
