-
The reinsurer chair said the frequency of losses today “will prevent prices from slipping too much. -
California wildfire losses were partially offset by improved underlying underwriting.
-
Plus, the latest people moves and all the top news of the week.
-
The P&C re segment’s combined ratio improved by 12.7 points to 61.0%.
-
The company bolstered casualty reserves by $18mn, mostly from discontinued lines.
-
The transaction is expected to close later this year.
-
The carrier reported an increase of 82% in pre-tax income.
-
The forecast has increased since the early July update due to several additional factors.
-
The underwriter left Navium Marine last year and before that worked at Atrium.
-
The move will impact around $50mn of gross written premiums in total.
-
Tokio Marine HCC was below plan on income as the carrier prioritised bottom line.
-
The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%.
Most Recent
