Insurers
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Reserve releases for the year-to-date are higher than in prior years despite elevated concerns on casualty trends. -
No named storms exceeded AFG’s $70mn cat retention.
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Republican tariffs and higher Democratic corporate taxes would hurt the sector.
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The “Golden Age of Specialty” continues in the Q3 releases of these specialty companies.
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Beazley leads the first $100mn layer of the programme, while Tokio Marine HCC leads the second on the Alesco-placed cover.
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Overall, insurance rates fell by 1%, led by competition in property.
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Grandisson's sudden retirement could mean a complicated future for Arch.
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The estimate includes private cover for residential, commercial and industrial property.
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The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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The executive joins Selective after 19 years at Progressive.
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Potential for rate cuts at the upcoming Fed meeting should be an addressable event for P&C insurers.
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