-
The carrier’s Q3 net income will be around $100mn, far below consensus. -
The carrier’s retail division saw the largest growth at 4.7%.
-
Major-loss expenditure doubled to EUR1.6bn for the quarter
-
The D&F market now expects 2025 renewals to be flat to down 5%
-
The carrier has pegged preliminary pre-tax Milton losses at less than $200mn.
-
Hamilton reported a $30mn-$70mn net estimate for Hurricane Milton losses.
-
Hurricane Milton is estimated to have a net negative impact of $275mn on Q4 results.
-
The company has written over $100mn in gross premium in the US this year.
-
The combined ratio included 17 points of catastrophe losses in the third quarter.
-
The carrier increased specialty premium by 39% by the nine-month mark.
-
The CEO said the property market was in a “super-good place”, and increased competition was inevitable.
-
CEO Adrian Cox said Beazley’s recent $290mn ILW purchase was not driven by “capital flexibility in and of itself”.
Most Recent
