AJ Gallagher
-
The Insurance Insider US news team runs you through the earnings results for the day. -
US SCS accounted for nearly $11bn in global insured losses.
-
Insured loss for Q1 was 10% higher than the decadal average of $18bn.
-
The broker attributed increased capacity to improving profitability.
-
The market remains “delicately balanced” amid global conflicts and claims deterioration.
-
Reinsurers have a "strong desire" for growth, but not at the expense of underwriting.
-
Negotiations around US casualty and financial lines were more stressed.
-
There is more capacity in the market for long-term risks.
-
Concerns around casualty rate adequacy are growing, the executive said.
-
The talks are advanced, and the process is likely to move rapidly.
-
Driscoll and Lubert have been promoted to presidents.
-
Insurance Insider US examines public brokers’ 2023 M&A.
Most Recent
-
Outlook positive for MGAs despite potential capacity challenges: AM Best
November 21, 2024 -
Las Vegas towing MGA Western Skies weighs strategic options
November 21, 2024 -
Daily Digest: Top news from November 21
November 21, 2024