Liberty Mutual
-
Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Aggregate pricing for GRS North America increased 12.1% with a rate hike of 9.6%, exceeding loss cost trends of 8.4%. Competition retaining quality accounts partially offset these increases.
-
The Inside P&C news team runs you through the earnings results for the day.
-
She succeeds Noel MacCarthy, who announced his retirement earlier this year.
-
It will also start non-renewing its current book in this line of business beginning in December.
-
The company also announced that Asia retail markets will join global risk solutions and that it was launching its enterprise transformation and solutions unit.
-
Johnson will assume the role July 3, taking over from Marc Orloff.
-
The sale includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain.
-
Talanx said the transaction will make the company the third-largest P&C insurer in Latin America.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The quarterly performance was driven by the global retail market unit which reported $892mn in catastrophe losses during the quarter.
-
The new 2022 stat data shows personal lines premium has grown year-over-year, but the loss ratios have been hit hard by catastrophes and loss cost inflation.
