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Organic growth fell by 1 point quarter on quarter and was down by 5 points from Q3 2023. -
The company incurred $563mn of total cat losses related to the storm.
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Arch announced the retirement of CEO Marc Grandisson on Monday, with immediate effect.
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While Republicans are typically perceived as best for business, there are several factors at play.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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In all, primary insurance renewal premiums have risen 6% so far in Q3.
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Increasing loss picks in difficult lines suggest top writers are accepting shifting loss trends.
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Hereford and Maya have written $141mn and $15mn in DWP for H1 2024, respectively.
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ATIC insures about 60% of the NY livery market.
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The GWP total marked an 18% year-over-year increase from $145bn in 2022.
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The highest releases in nearly 15 years challenge conventional wisdom on reserving.
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In July, The Woodlands Financial Group closed its IPO of 11 million Class A shares with gross proceeds of $187mn.
