The Hanover

Markel, Axis and Selective booked sizeable reserve charges in their liability segments.

Insurance Insider US runs you through the earnings results for the day.

She joined The Hanover in 2015 and since 2018 has served as CUO of technology and life sciences underwriting.

Marohn will lead the company's E&S business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers.

Its Q3 cat losses of $196mn primarily resulted from severe convective storms in the region, and drove the overall combined ratio to come at 104.4%.

The Inside P&C news team runs you through the earnings results for the day.

A clear commonality is already emerging much as it did in the previous quarter, when severe convective storms – particularly hail – also dominated.

The carrier’s cat loss estimate for Q3 2023 is more than twice Q3 2022’s $90.1mn, which included $28mn attributable to Hurricane Ian.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The migration is due to admitted carriers not being able to get the rate filings approved in a lot of the states – an issue that is extending beyond California and Florida, to the east coast.

Hamann previously served as the company's deputy president and CUO of small commercial.

Executives have pointed out that it is becoming increasingly difficult to talk about broader trends as micro-cycles are developing for each line.