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The broker posted a net loss of $1.67bn including pre-tax non-cash losses. -
Rate deceleration in property cat increased in September, and property pricing overall was down in Q3.
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The Insurance Insider US news team runs you through the earnings results for the day.
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In the quarter, the company reported a CoR of 92.3%, up two points YOY.
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Greenberg said London behavior in cat market “is almost aberrant relative to everybody else”.
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The CEO noted, however, that the UK retail market remains a big business growing well.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn.
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The “Golden Age of Specialty” continues in the Q3 releases of these specialty companies.
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Cincinnati Re reported $38mn of cat losses in Q3 that included $18mn for Hurricane Helene.
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The Hartford made the unusual move of calling out current AY development.
