After a dip in pricing this time last year nominal US commercial P&C rates appear to be in modestly positive territory again, if early Q1 reporters Travelers and RLI prove to be indicative of the rest of the sector.
WR Berkley's reinsurance division slipped to an underwriting loss in the first quarter as a $30mn reserve charge took its toll on the segment's combined ratio.
Legacy holding company Catalina has received regulatory approval for its acquisition of The Hartford's UK property and casualty run-off book, The Insurance Insider understands.
Ryan Specialty Group-owned managing general agent (MGA) Concord Specialty Risk has appointed a merger and acquisitions lawyer as executive vice president
