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Louisiana special session targets capacity constraints amid high cat losses
Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
Research
Five auto insurers receive approval to raise rates after 32-month halt by the California Department of Insurance.
Axis has reported good results as it heightens its focus on specialty business, but it remains to be seen if it can close the value creation gap.
The firm’s flattening rates and favorable reserve development provide a read-through for commercial insurers.
Increased interest rates and unfavorable market conditions led to reduction in capital issuance activity in the P&C insurance industry in 2022.
Latest news
Latest news
Operating EPS for the quarter jumped 13.7% from Q4 2021 to $1.16, beating analyst consensus of $1.10 per share.
Gallagher’s adjusted earnings per share climbed 18.5% to $1.54, beating analysts’ consensus of $1.49 earnings per share in Q4.
In an interview with this publication, the CEO admitted the transition “took longer than any one of us would have wanted”.
Singer’s hire was perceived as an attempt to build out the finance function of the broker in a way which would make the firm public market ready.
More News
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Marsh reports Q4 rate increases of 4% across segments
January 26, 2023
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Kemper discloses $8mn adverse reserve development for Q4
January 26, 2023
Opinion
Opinion
Unreserved: Episode 14 – Zurich's Kristof Terryn
In the latest episode of Inside P&C’s podcast, Unreserved, Zurich North America CEO Kristof Terryn sits down with Inside P&C's editor-at-large, Adam McNestrie.
Most Read
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InsurTech Pie faces refiled trade secret misappropriation suit
January 24, 2023 -
MGU James Allen admits ‘error’ on Lloyd’s backing of property binder
January 23, 2023
Longform Research
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The classic car insurer goes public but might have to pay a price for growth later. -
The Inside P&C Research team looks at what subsectors the new class of InsurTechs is targeting.
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Activist investors are successfully learning how to navigate a regulated industry.
Skyward shares shot up over 27% this morning to $19.15 per share, a development which will likely be closely watched by some carriers with IPO aspirations.
The insurer secured 22 investors with its first public cat bond offering, having previously done a private deal.
Group CFO and incoming president of insurance Jeremy Noble has told Inside P&C that the insurance operation is where Markel sees the most upside potential.
The move aligns WTW resources with specialist industries to operate as standalone businesses within North America.
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