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Comments came as universal reported a 4.2 CoR jump to 107.9% in Q4. -
The Insurance Insider US news team runs you through the earnings results for the day.
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Profitability over growth continues to be the company’s “mantra”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The conglomerate reported after-tax cat losses of $1.2bn related to Hurricanes Helene and Milton in 2024.
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CEO Tim Turner said the firm still has an ambitious M&A pipeline and financial flexibility to execute deals.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company will ‘aggressively pursue subrogation’ for the Eaton Fire.
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The supply chain in personal auto, and the impact on inflation are areas of concern.
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Carriers that started earlier in correcting their books and catching up with loss trend may be reaping rewards.
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The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn.
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The carrier reshaped its portfolio in 2024, cutting costs and investing in Gen AI and LLM technology, CEO Peter Zaffino told staff.
