Chubb: Cycle management in focus
Yesterday, Chubb rolled out its Q3 results with operating EPS of $2.00, missing consensus by 9% and dropping 26% YoY. The result was largely driven by the...
- Inside P&C / Article / 18 hours ago
- insuranceinsider.com
Chubb Q3 underlying margin expansion overshadowed by cat losses
Chubb’s third quarter earnings, in which the company delivered strong underlying margin improvement and rate increases averaging 15% in North...
- Inside P&C / Article / 20 hours ago
- insuranceinsider.com
Yesterday AIG dropped three simultaneous press releases with three separate big news items – announcing an “as expected” management transition, a predictable-as-clockwork...
- Inside P&C / Article / 2 days ago
- insuranceinsider.com
CinFin Covid estimate unchanged despite BI ruling
Cincinnati Financial's (CinFin) estimate for its Covid-19 exposure remains unchanged despite the company's legal setback regarding the dismissal of business interruption-related claims...
- Inside P&C / Article / 2 days ago
- www.theinsurer.com
Brown & Brown grows organic revenues by 4.3% during Q3
Brown & Brown grew net income by 16% in the third quarter to $134mn, helped by a 4.3% rise in organic growth and 250 basis points (bps) of margin expansion in its retail segment...
- Inside P&C / Article / 2 days ago
- insuranceinsider.com
Loeb control over SiriusPoint to be scaled back in merger
Hedge fund manager Dan Loeb’s control over Third Point Re is to be stripped back under proposals presented to shareholders of Third Point Re and Sirius Group in a proxy filing on Friday...
- Inside P&C / Article / 3 days ago
- insuranceinsider.com
HCI puts Q3 Sally loss at $17.7mn
HCI Group said it would take about $17.7mn in cat losses from Hurricane Sally, coming in just above its $16mn retention...
- Inside P&C / Article / 6 days ago
- insuranceinsider.com
APCIA urges policyholders to follow Colorado wildfires evacuation orders
The American Property Casualty Association (APCIA) has urged policyholders affected by Colorado wildfires to follow state and local evacuation orders and to contact their insurance...
- Inside P&C / Article / 6 days ago
- insuranceinsider.com
EIG premiums fall 21%; underwriting income halves due to pandemic
Workers’ comp specialist Employers (EIG) reported a sharp drop in premiums in the third quarter, along with a fall in reserve releases and a higher expense ratio, while the...
- Inside P&C / Article / 6 days ago
- insuranceinsider.com