Results
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The MGU is exploring additional third-party capital relationships.
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The homeowners' CoR fell over 32 points sequentially to 75.8%.
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Losses in the NY habitational book drove the shortfall.
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Property, PV and energy lines are driving the carrier’s growth, offsetting long-tail declines
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Premium inflation holds, as loss-cost inflation trends continue to moderate.
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The Insurance Insider news team runs you through the earnings results for the day.
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The carrier said it had also experienced a healthy start to 2024.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Commercial lines difficulties continue to weigh down industry results.
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Estimates were revised from $845mn to $740mn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company has no immediate plans to re-deploy proceeds from recent sales in Europe and LatAm.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The InsurTech will push for its services segments as main growth drivers.
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Increased cat losses in property offset auto improvements.
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The (re)insurer’s Q4 CoR rose 15.2 points to 81.4% on satellite failure, D&F losses.
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The closing of the Interboro sell-off was postponed to nearer the end of the year.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company’s board continues evaluating strategic options, including a full sale.
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GL reserves continue adverse development trend for 2015-2019 accident years.
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The carrier’s sales process is ongoing, and it will provide an update “in due course”.
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Workers' comp saw an ongoing significant increase in losses.
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The company reported 24% top line growth in Q4 2023.
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