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Q3 earnings roundup October 28: Brown & Brown
The Insurance Insider US news team runs you through the earnings results for the day.
Research
The “Golden Age of Specialty” continues in the Q3 releases of these specialty companies.
The broker’s acquisition amid shifting tides is likely the beginning of a larger M&A uptick in the space.
Asbestos claims for exposed insurers could place more pressure on workers’ comp reserves.
Grandisson's sudden retirement could mean a complicated future for Arch.
Insider on Air
Claims professionals and leaders at the International Association of Claims Professionals conference in Orlando said the industry must work together to stem the rising cost of social inflation.
Lucy Pilko, CEO of the Americas at AXA XL, discusses the growth in E&S markets, cyber risk preparedness, and industry challenges in an evolving risk landscape at WSIA.
It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.
Data tools are helping businesses better understand and manage risk beyond just buying insurance, said John Merkovsky, global head of risk and analytics, WTW, at RISKWORLD in San Diego.
Latest news
A quick roundup of today’s need-to-know news, including Helene’s D&F losses, MGU Brownyard MacLean sale and more
The global broker has beaten off competition from AJ Gallagher, and a number of other strategics.
It is understood that the business-to-consumer programs are not included in the potential transaction.
Cincinnati Re reported $38mn of cat losses in Q3 that included $18mn for Hurricane Helene.
More News
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FEMA’s NFIP receives 54,000 Helene claims, pays $480mn
October 28, 2024 -
‘Buyer-friendly’ market continued in Q3 across most lines: Aon
October 28, 2024 -
Public D&O prices decreased 11.1% in Q3: Aon
October 28, 2024 -
Total insured 2024 losses to exceed $125bn: Aon
October 28, 2024 -
Liberty Mutual estimates Milton losses will be lower than Helene’s
October 28, 2024
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Price Forbes makes Kelley Bermuda CEO
October 28, 2024 -
Aon elevates Ball to global practice leader of the space division
October 28, 2024 -
Agency deal roundup: Unison Risk, Alkeme, Risk Strategies and more
October 25, 2024
Opinion
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Will Milton slow Florida Citizens’ takeout progress?
Farhin Lilywala -
Twia depopulation needs to be a priority
Shelby Rosenberg
Introducing the Insurance Insider US M&A Deal Tracker
In our new database, you can find all of the key data points on P&C commercial lines deals in our coverage universe in one place.
Most Read
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PCS puts initial Hurricane Milton insured loss at $5bn
October 28, 2024 -
Aon in advanced talks to acquire ~£350mn Griffiths & Armour
October 28, 2024 -
NSM canvassing potential buyers for a carve-out of B2B programs
October 25, 2024
In an interview with this publication, Lara said "everything’s on the table" for future reforms.
Praedicat CEO Bob Reville outlined the firm’s approach to "casualty cat" as liability risk modeling continues to mature.
Admitted markets are not coming back to property as strongly as in past cycles, the executive said.
Casualty will likely fuel some of the E&S growth, the executive said.
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