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The appointment comes as the legacy and investment banking divisions join under common management.
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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.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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He will coordinate product management and development of related products, which are anticipated to be available in the late second quarter of 2023.
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Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Tran also previously held various leadership roles at Tokyo Marine Kiln, XL Catlin, and Catlin Group.
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Though the present banking sector turbulence might bring back memories of 2008, fundamental differences in banking and insurance risk make contagion less likely.
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The Texas Department of Insurance is not expected to conclude its revision and approve the filing before Q3.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The results were based on an analysis of paid loss data for commercial auto liability between 2012 and 2021.
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Kenney will take on the CEO role in addition to his position as president and CFO of the insurer.