Claims trends
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The market reacted to the $2.4bn charge in a positive light. -
The carrier’s Q3 net income will be around $100mn, far below consensus.
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The A&H market had improved performance between 2020 and 2023.
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The broker said the casualty segment is approaching an “inflexion point”.
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It also reported that severity increased by 17% in the same period.
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