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Single-digit organic growth, robust casualty pricing and tapering margins were all key trends. -
The carrier reported cat price reductions of 5.4% at the January renewals.
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The specialty insurer reported favorable developments in both its insurance and reinsurance segments.
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The carrier has been reducing its presence in the state since 2007.
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The carrier’s Eaton Fire loss would be a retained net loss hit.
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The carrier reported expansion in financial lines and marine.
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Conclusions on possible options will be shared at the end of Q1.
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The restructuring arrangement is designed to protect creditors.
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The broker CEO explained talent is what drives organic growth.
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Andy Taylor spent more than 25 years with the company.
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The agency cited the group’s increased earnings diversification and improved resilience.
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The company has simplified its structure following the retirement of Richard Webb.
