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With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The firm expects to replace the volume with Innovations-channel business.
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Shares were down as much as 20% after Hippo posted a $48mn loss.
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Hamilton also expects rising demand and stable supply for June 1 renewals.
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Hits to personal auto, workers’ compensation led to a drop in NWP.
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The Insurance Insider US news team runs you through the earnings results for the day.
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But there’s little concern about those pressures creeping into SME accounts.
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Older accident years, targeted markets business contributes to adverse development.
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IGI saw opportunities in energy, ports and terminals and marine cargo but remains cautious in long-tail lines.
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California homeowners are also expected to move admitted business to E&S.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
