-
The reinsurer said the market was unprofitable and pricing needed to increase immediately. -
The Insurance Insider US news team runs you through the earnings results for the day.
-
Last summer Insurance Insider US flagged 3 advantages that minority deals provide.
-
The days of 30%+ growth are probably behind the firm, he said.
-
New roles include CUO for primary and excess casualty and practice leader for complex specialty.
-
Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
-
The executive will begin serving as Hiscox USA’s CUO as of May 5.
-
The LA fires and spring storms drove CinFin's CoR up 19.7 points to 113.3%.
-
The executive was most recently at Oliver Wyman after joining from AIG last year.
-
The firm acquired total assets of $65mn and assumed liabilities of $11mn.
-
Q1 rates in most lines were consistent with prior quarters but slightly down on 2024.
-
Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.
