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Progressive earnings: Trend is not your friend

Progressive’s June results point to worsening underlying trends for personal auto carriers.

Insurance Insider US Research, 16 July 2021
Challenger brokers set for field day after Aon-Willis breakup

The disruption of the Aon-Willis deal breakdown could arguably create almost as much of a shake-up of the competitive landscape amongst the second-tier challenger brokers as it will for the two would-be merger partners themselves.

Fiona Robertson, 29 July 2021
Everest adds $610mn in reinsurance premium in Q2 as operating income climbs sixfold

The reinsurer grew its casualty pro rata reinsurance book by 64%, adding $218mn in GWP.

James Thaler, 29 July 2021
Arch top line swells 41% in Q2 as underwriting gain nears $400mn

The insurance division added almost $300mn in premium in the quarter, while volumes in reinsurance were higher by $360mn.

James Thaler, 28 July 2021
SIAA reaches $10bn H1 premium milestone after PE takeover

The independent agency network posted a 17% growth rate in the first half of 2021.

Jairo Ibarra, 28 July 2021
Howden Specialty launches Miami financial lines practice

The duo will report to Charlie Langdale, managing director of financial lines at Howden in London.

Bernard Goyder, 28 July 2021
MGA Inperio hikes UK terrorism capacity to £250m per location

The specialist PI and political violence MGA said increasing its line size will provide “real choice” for UK businesses as terrorism threat rises.

Luke Harrison, 28 July 2021
Aspen group general counsel and COO Cain to exit

Aspen said Mike Cain will still remain with the company through Q1 2022.

Luke Harrison, 28 July 2021
Mounting cyber aggregation risk increases capital intensity: Axis CEO Benchimol

The carrier has restructured its cyber business with stringent underwriting conditions.

Jairo Ibarra, 28 July 2021
Lloyd’s to offer transition phase with ‘carrot and stick’ approach for BP2 reforms

The Corporation said it will give firms a "a year or two" to switch to new digital platforms now being built under modernisation plans.

Marcel Le Gouais, 28 July 2021

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