-
The Insurance Insider US news team runs you through the earnings results for the day. -
The company saw growth accelerate in its property and casualty segments.
-
By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Total pre-tax favorable prior period development in the quarter was $361mn, up nearly 48% YoY.
-
Pre-tax cat losses were down 63% from the prior year quarter to $285mn.
-
A quiet wind season is also expected to further soften the property market.
-
The CEO also said that the “bloom is off the rose” in the E&S property market.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
The selloff may hint at headwinds for equity investors.
-
The firm also expects to increase share repurchases in Q4 to roughly $1.3bn.
-
The broker’s new business and client services division is targeting $400mn of savings.
Most Recent
