The Hartford
-
Chubb pushed its loss trend assumptions higher as it seeks to stay ahead of inflationary pressures. -
The insurer’s Q2 combined ratio narrowly worsened, as improvements in commercial were outweighed by personal lines challenges.
-
The insurer’s personal lines CoR jumped 14.8 points to 101.8% while the commercial lines unit’s CoR improved 1.6 points to 87.3% in Q2.
-
The sector was hit by a rough first half of 2022, with more to come in the second half of the year.
-
Excessive litigation costs and continued losses threaten the Sunshine state’s market.
-
Based in Washington, DC, the executive reports to Gretchen Thompson, head of inland marine, excess solutions and complex liability.
-
Insurers could face pressure if interest rate and recession fears intersect with worsening loss cost trends.
-
Matthew Kirk will join the carrier’s insurance executive leadership team and report to Grahame Millwater, president of global insurance.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
In response, the carrier has completed over 50 auto filings with an average rate increase of 6.2% in recent months.
-
The company's core earnings per share rose to $1.66 from $0.56 a year earlier, beating the $1.54 forecast by analysts.
-
Based in Boston, the executive will report to Michael Garrison, head of Navigators wholesale.
Most Recent
-
Daily Digest: Top news from November 22
November 22, 2024 -
Cyber attacks on supply chain up 431% since 2021: Cowbell
November 22, 2024 -
PE firm Capital Z takes $240mn minority stake in retail broker Leavitt
November 22, 2024