Stocks
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Sentiment scores are down across the industry, indicating pessimism regarding inflation and the economy. -
The Warren Buffett-led conglomerate also remained firm in its position in rival broker Aon.
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The homeowners-focused InsurTech slashed expenses, posted an improved gross loss ratio and reiterated guidance.
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Yield curve inversion, thoughts on a potential recession and impact on the property-casualty industry.
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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 insurance sector was up through the first quarter of 2022 as broader economic and international factors drove down markets.
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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 activist investor cited progress on governance issues in pulling back two proposed directors but pushed Safety Insurance for further strengthening.
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The board also declared a quarterly dividend of $0.535 per share on common stock, payable on May 13.
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Insurance carriers tailor their comments to leave investors walking away with an optimistic view.
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The stock hit new lows after James River booked a $115mn reserve charge and posted a Q4 combined ratio of 140.6%.
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Combined, Warren Buffet’s investment conglomerate has shed over 4.88 million shares of Marsh since the end of June, or more than 92% of its holdings.
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