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“I think it's fair to say that the market momentum is clearly there,” Grandisson said on Thursday. -
The workers’ comp insurer reports a Q2 drop in combined ratio and net premiums earned.
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He suggested that the company might be willing to allow higher commissions.
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It was nearly 900% up on the year-ago figure, as the insurer’s executives cautiously welcomed new Florida legal reforms.
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Rate in excess-of-loss cost trends translated into margin improvement for the quarter.
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The New Jersey-based insurance group has rebounded from prior-year Covid-19-related challenges, calling this its "strongest capital position in history".
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Universal Insurance Holdings reports premium growth and lower cat losses in Q2.
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The reinsurer grew its casualty pro rata reinsurance book by 64%, adding $218mn in GWP.
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The insurance division added almost $300mn in premium in the quarter, while volumes in reinsurance were higher by $360mn.
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Donegal executives said they were "cautious" on what opportunities might arise after Donegal became the only listed mutual company.
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The Pennsylvania-based company suffered increased losses, attributed to the reopening of the economy.
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Following the implosion of the recent merger, we take stock of what happened – and what’s next – for Aon.
