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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
CinFin lead the outperformers, while Aon and The Hartford's shares dropped sharply.
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Overall, the executive said the company feels “really good and bullish” about the personal lines business for both its HNW and middle market books.
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The executive said that the company reduced its consolidated retention and ceded premium ratio for its 2023 and 2024 treaty program.
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“The broad E&S market is quite attractive today, and we’ve got a good level of confidence going forward,” CEO Michael Kehoe said.
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The carrier is set to achieve 20% rate increases in auto this year, with the same rate increase likely to be needed in 2024 to achieve its 2025 targets.
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Depressed M&A activity is a headwind likely to impact Aon for the remainder of the year.
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Inside P&C’s news team runs you through the key highlights of the week.
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The growth figure represented a 1-point deceleration from the previous quarter.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Gallagher Re posted 11% organic growth in Q2, down from 12% in Q1, while RPS recorded 10%, up from 8% the previous quarter.
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The Inside P&C news team runs you through the earnings results for the day.
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