Articles

Insurance

Citizens, Progressive, Chubb, Allstate and AIG to face top Idalia losses

Personal lines carriers will take reinsurance recoveries, key equity brokerage believes.   31 August 2023

Insurance

Everest nabs industry veteran from AIG for key global role

She carries 30 years of leadership experience from AIG, AXA XL and Travelers.   29 August 2023

Insurance

Arch raids Liberty, Hiscox, Travelers to expand in UK financial lines market

The insurer is ‘keen’ to develop its professional indemnity book of business.   24 July 2023

Insurance

Allstate falls to catastrophes: costly June events render $2.7bn Q2 bill

The Q2 tally is 2.4x an already catty prior year period and well ahead of storm counts.   21 July 2023

Insurance

Travelers adds new personal insurance hurricane XoL treaty at mid-year

The group further added limit and hiked retentions in its key northeast US treaty.   21 July 2023

Insurance

Travelers hit by $1.5bn nat cat bill, pushed to Q2 loss

Personal lines took $1bn of the nat cat hit, adding 29 points to the segment combined ratio.   20 July 2023

Insurance

Gallagher’s Pen taps 17-year Travelers at Lloyd’s vet to expand in UK marine market

The experienced ports & terminals London market underwriter to help boost its portfolio.   19 July 2023

Insurance

Florida home-grown homeowner carriers cut losses, but stay under water

The state insurer of last resort Citizens inherited a 120% increase in Q1 underwriting profit.   9 June 2023

Insurance

Lockton Re taps Liberty/Travelers expertise to lead push into US property fac

‘His acumen in the property market is unparalleled,’ says CEO Nick Durant.   5 June 2023

Insurance

Liberty plucks Chubb/Travelers vet as global head of cyber

The company has also named a new head of cyber underwriting for Liberty Specialty.   24 May 2023

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