-
Arch is assuming an industry loss related to Helene in the $12bn-$14bn range. -
Middle market premiums were lower in Q3, but the company is confident growth will resume in Q4.
-
Executives noted that US casualty and professional lines development has been close to flat this year.
-
The appointments will enhance Chubb’s Latin American leadership structure.
-
The company’s reshaping of the book will be substantially completed by year end.
-
Andrade flagged expected 5% to 10% increases in the US and Europe.
-
Sources said the E&S insurer is seeking to draw a line and trade forward as an independent business.
-
The global market is stabilising and softening, and casualty and specialty lines are generally stable, the CEO said.
-
The wholesaler also paid $11.7mn in cash to Alera for the acquisition of Greenhill Underwriting.
-
The insurer has been focused on growing products with lower cat exposure such as pet and renter’s insurance.
-
The broker posted a net loss of $1.67bn including pre-tax non-cash losses.
-
The ratings agency said higher attachment points would make 2024 hurricane claims “manageable”.
