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The firm’s executives echo fellow brokers in questioning suggestions of significant market firming.
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The Chubb chairman and CEO says a broad acceleration of rate growth is sustainable.
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In P&C, good news is often bad news, and bad news often forebodes better times ahead. New data points yesterday gave plenty of both…
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The specialty insurer reported earnings of $0.82 per share, beating analysts’ consensus of $0.64 per share.
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J Powell Brown said E&S in the London market was the most pronounced pocket of price expansion.
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The carrier prices its stock at between $16 and $18 for the offer, and plans to sell up to a 23.9 percent stake.
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The personal lines giant has reined in its loss estimate for Camp Fire as other cedants show creep.
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Pressure from both Lloyd’s and company markets has pushed up rates in the energy market segment.
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It’s unclear if lawyers will continue to exploit loopholes in the new AOB reform, the rating agency says in its Florida market report.
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The board approved a 2.3 percent increase for homeowners’ multiperil cover.
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Despite early hopes of sizeable rate rises, reinsurers are frustrated that many accounts will renew with as-before terms.
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Auto premiums were up by just 0.7 percent in May, versus 1.4 percent in April.