Brown & Brown

Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.

The firm’s trajectory could, however, make it harder to meet guidance going forward.

Casualty, general liability and excess will also see rate pressure.

The Insurance Insider US news team runs you through the earnings results for the day.

Mike Neal and Mark Abate have been elevated to senior leadership roles.

Hearn has held CEO positions with several other units of the Ardonagh Group.

Quintes' revenues for 2025 are projected in the $110mn-$120mn range.

Quintes will continue to be led by Gijsbert van de Nieuwegiessen, CEO and founder.

Property rates are under pressure, with some accounts seeing rate decreases.

The Insurance Insider US news team runs you through the earnings results for the day.

Accounts with poor performance records are expected to see flat to 20% rate increases for cat coverage, according to Floridian broker Brown & Brown’s Q3 Market Trends report.

Cat rates meanwhile are seeing downward pressure from 'pricing fatigue’ and limit expansion.