Results
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The CEO said his company is in good shape despite the landfall of three storms this year. -
Heritage’s Q3 combined ratio improved 10.2 points to 100.6% driven by lower losses and expenses.
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In other property, Helene and Milton will assure rates remain attractive, he added.
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D&O and D&F are also facing increased competition, but property remains price adequate.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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No named storms exceeded AFG’s $70mn cat retention.
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The company has written over $100mn in gross premium in the US this year.
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The carrier said activity across smaller and mid-sized natural catastrophe and risk events had been “elevated”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Casualty submissions rose over 70% while property increased over 20% YoY in Q3.
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The carrier is seeing competition in all areas, including small private business and large public.
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