Cincinnati Financial
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Umbrella was "modestly profitable" in 2023, despite challenges in 2022.
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Insurance Insider US runs you through the earnings results for the day.
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Current CEO Steven Johnston will remain as executive chairman.
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“The loss ratio has certainly been under pressure with inflation and increased cat activity, but we're confident in where it's headed and seeing a lot of opportunity out there,” Spray told analysts on Friday.
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AJ Gallagher posts 10.5% Q3 organic growth, lower sequentially but up year-on-year
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At the same time, insurers are assessing the level needed to address loss cost trends.
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Overall, the executive said the company feels “really good and bullish” about the personal lines business for both its HNW and middle market books.
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The Inside P&C news team runs you through the earnings results for the day.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The regional cohort keeps pace with nationals on pricing, and stays ahead on reserving trends.
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The events were widespread, but each was under $100mn in size.
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