Brown & Brown
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Casualty, general liability and excess will also see rate pressure.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Mike Neal and Mark Abate have been elevated to senior leadership roles.
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Hearn has held CEO positions with several other units of the Ardonagh Group.
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Quintes' revenues for 2025 are projected in the $110mn-$120mn range.
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Quintes will continue to be led by Gijsbert van de Nieuwegiessen, CEO and founder.
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Property rates are under pressure, with some accounts seeing rate decreases.
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The Insurance Insider US news team runs you through the earnings results for the day.
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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.
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Cat rates meanwhile are seeing downward pressure from 'pricing fatigue’ and limit expansion.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The announcement was made in a securities filing Thursday morning.
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