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NA commercial lines Q4 CoR increased 0.7 points to 85.1%.
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Auto-related CPI values continue to drop, while premium inflation hits new highs
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Is this a temporary spike or the start of a multi-quarter trend?
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The fronting company has been expanding its surety business in the US.
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The carrier expects to "get smaller in New Jersey" due to lack of rate adequacy.
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The carrier said it has acted prudently on 2016-19 GL loss trends.
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Insurance Insider US runs you through the earnings results for the day.
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Treaty costs were slightly lower than for 2023 in risk-adjusted terms.
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Umbrella was "modestly profitable" in 2023, despite challenges in 2022.
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Insurance Insider US runs you through the earnings results for the day.
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The CEO said winning back clients had “validated” the broker’s approach.
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Commercial carrier earnings continue to show mixed prior-year development.