The Hartford

The dispute will be discussed next month at a Delaware bankruptcy court hearing.

The Hartford’s CEO Christopher Swift said the authorization to increase the firm’s share repurchase program by $500mn during the third quarter of 2021 shows confidence in the business.

The segment fell to a $17mn underwriting loss, despite higher earned premiums and an improved underlying loss ratio.

Garrison will lead the strategic direction, growth, and underwriting for the Navigators brand.

The firm’s acquisition of accident & health and life business in East Asia eliminates the chance that a merger with The Hartford will go through.

With hundreds of coronavirus-related BI suits working through state and federal courts, insurers still face a multi-billion-dollar challenge to keep judges and juries ruling in their favor.

The TCC has been appointed by the office of the US Trustee as the official representative for the estimated 82,5000 survivors of childhood sexual abuse related to BSA activities.

The figure is an increase from the original $650mn settlement agreed to in April.

Speaking at an investor conference on Monday, CFO Beth Costello said the company expects losses to fall well below Hartford’s cat program retention.

The chief executive said on Thursday the company has made progress in re-underwriting its specialty book, and that no new M&A is on the horizon.

The surge likely reflects talk in the buy-side community fuelled by tracking the latter's private jet.

The Inside P&C Select Index outperformed the S&P 500 (5.7% to 2.9%) in August, despite Hurricane Ida making landfall.