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The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%. -
However, group organic growth among public brokers has slowed to pre-pandemic levels.
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The Swiss carrier improved its P&C combined ratio by 1.2 points to 92.4%.
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More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
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Cat losses of $1.5mn, net of reinsurance, were primarily due to severe convective storms.
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Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
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Written premium increased by 31% to $2.41bn as top-line growth brought expense ratios down.
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Duc Tu and Lucy Howard have resigned from Atrium.
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This publication reported yesterday that Talanx was closing in on the sale.
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AIG leads the all-risks cover and Axa XL is the hull war lead.
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CEO Alex Maloney said Lancashire’s growth was “more measured” amid softening.
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Natural catastrophe claims remained consistent compared with the prior year.
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