-
The ratings agency points out that while premiums have increased since 2020, cat losses and inflation in 2021 are comparatively higher. -
The broker sees slowing GDP, higher cost pressures on clients and rising loss costs that could be impediments to deals getting done as headwinds for the upcoming year.
-
Consolidated Ebitdac margins expanded by 210bps, helped by 420bps of margin expansion in national programs and 120bps of improvement in retail brokerage.
-
The intermediary reports that 2021 premiums jumped 45%, pushing its full-year organic growth up 30%.
-
The firm reported encouraging quarterly earnings, but social inflation and other challenges still loom.
-
The insurer increased its occurrence treaty coverage by $300mn as the aggregate deal shrank, following a full loss to reinsurers in 2021.
-
Truist’s chief insurance officer John Howard said favorable market conditions position the unit for an even better year in 2022.
-
With Q4 cat losses relatively benign, the focus in Q4 2021 will be on underlying dynamics including the impact of rate rises, Omicron and the economy.
-
Commercial lines loss ratios may move slightly higher, while personal auto carriers see the light at the end of the loss-cost tunnel.
-
The Inside P&C research team looks forward to the big issues of the new year.
-
Premium renewal rate on the carrier held at 99%, increasing the year-to-date rate to 96% through 30 November.
-
The Iowa-based carrier reached this milestone for the first time in its history in July.
