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Early results suggest another strong quarter with a variety of driving forces.
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Corrective actions revealed by Travelers in the first-quarter earnings could set the stage for similar moves from peers
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Workers’ comp releases continue to mask deteriorating reserves in 2023.
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Trends in IBNR might suggest over-optimism in carriers’ reserving outlook.
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A cleaned-up combined entity could make for an attractive investment in a few years.
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Joy had previously set up the casualty practice at Global Indemnity.
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Cove Street is 14th largest investor in Global Indemnity.
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Sources said that the E&S carriers are now poised to enter due diligence.
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Headwinds weigh on carrier results, but premiums and surplus remain mostly stable.
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He joins from Odyssey Re, where he was treaty underwriting VP.
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May and June takeout requests for Citizens are exceeding expectations.
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Reinsurers are reporting stellar 2023 results – what they do with the earnings will be crucial.
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Loss ratios and surplus improve for the group, but don’t guarantee this is a turning point.
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It is backed by paper from MS Transverse, this publication understands.
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Premium inflation holds, as loss-cost inflation trends continue to moderate.
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Overall rate expectations are flattish to single digit increases.
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The technology will drive hyperspecialization, panelists said.
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How have loss picks fared over time for YTD 23 and 22?
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The exec was speaking alongside Doug Hammond after Aon agreed to buy NFP.
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A review of commercial lines loss picks for AIG vs the industry
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Is this a temporary spike or the start of a multi-quarter trend?
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Broker earnings reflect shifting tailwinds, with margins revealing the real winners.
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Tom Bredahl, president of the surplus and specialty division at Crum & Forster, said the company has received more E&S submissions in the last 12 months than in the company’s entire history.
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Reserves, loss cost inflation, and pricing trends would be front and center in what will be an overall good quarterly earnings season due to the lack of large losses.
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