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E&S submissions growth shows ‘clear evidence’ of carrier leverage: Berkley
WR Berkley has witnessed a surge in E&S submissions even as rates creep upward.
John Hewitt Jones
,
29 January 2020
WR Berkley reports 9% average rate rises for Q4
The insurer reported underwriting profits of $114.7mn in Q4, up 71.1 percent from the same period a year earlier.
John Hewitt Jones
,
29 January 2020
E&S premiums rose 19.3% in 2019: Stamping Office of Texas
California recorded a 34.1 percent jump in excess and surplus premiums written compared with the previous year.
John Hewitt Jones
,
29 January 2020
Brown & Brown share price jumps 7% on strong earnings
The wider insurance broking sector also rose on Tuesday, with MMC, Aon and Willis shares also up.
Bernard Goyder
,
29 January 2020
Insurance M&A falls to lowest level since 2013: S&P
S&P warned that high deal valuations had kept some potential acquirers on the sidelines.
Bernard Goyder
,
29 January 2020
Nationwide E&S brokerage targets casualty expansion
SVP Tom Jurgens told The Insurance Insider that he expects the book to grow at least 15 percent this year.
Bernard Goyder
,
29 January 2020
E&S rates up between 5% and 20% in Q4: Brown & Brown CEO
J Powell Brown said engineered property and umbrella policies were proving harder to place.
John Hewitt Jones
,
28 January 2020
London carriers have been too focused on top line: TMK’s Irick
The former HCC CFO said more focus was needed on the bottom line, along with expense management.
Anna Sagar
,
28 January 2020
Reports put average Hagibis loss at $8.75bn and Faxai at $6.75bn
Estimates from Aon, Munich Re, Swiss Re and Willis Re put Typhoon Hagibis lower than the modelled average, with Typhoon Faxai in line with expectations.
Anna Sagar
,
28 January 2020
ProSight to partner on captives with founder as Beneducci completes exit
Disruption in P&C markets is expected to boost demand for captive services.
Gavin Davis
,
28 January 2020
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