CNA
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Excess casualty rates were up 10% and have been double-digit all year, the executive said.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Sinclair had $50mn in coverage through five separate cyber policies.
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Hurricane Milton losses are currently estimated at $25mn-$55mn.
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Overall long-run loss cost trends are unchanged at around 6.5%.
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Analysis shows several CEOs with pay diverging from the trendline.
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Robusto will take an executive chairmanship position on the insurer’s board of directors.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Long-run loss cost trends in the US are at 6.5% as a result.
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Commercial auto and medmal had slight unfavorable developments in 2023.
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Underwriting and investment income rose for P&C business.
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Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
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