-
No named storms exceeded AFG’s $70mn cat retention. -
The company has written over $100mn in gross premium in the US this year.
-
The carrier increased specialty premium by 39% by the nine-month mark.
-
Earnings call commentary shows pockets of casualty reserve strengthening for AY 2020-2023.
-
The carrier said activity across smaller and mid-sized natural catastrophe and risk events had been “elevated”.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The executive spent over 15 years at Aon in various M&A-related positions.
-
A quick roundup of today’s need-to-know news, including Milton losses, AIG, Greenlight Re and others.
-
Casualty submissions rose over 70% while property increased over 20% YoY in Q3.
-
Rates fell across all premium lines, especially for property and GL.
-
The carrier reported total cat losses of $48.9mn during Q1-Q3 2024, versus $20.2mn in 2023.
-
The carrier is seeing competition in all areas, including small private business and large public.
