Workers Compensation
-
2022 statutory data is now available, and results show winners and losers
-
The executive’s remarks followed Employers’ Q4 results, where the workers comp specialist’s top line rose 22.4% to $174mn, compared to 24% growth in Q3 2022.
-
The increase in GWP was driven by higher new and renewal business writings and higher final audit premiums, the company said.
-
Chubb’s balanced view of the market as a whole, and pricing and loss cost trends in particular, puts it ahead of the curve on value creation, despite a difficult economic backdrop.
-
The firm’s flattening rates and favorable reserve development provide a read-through for commercial insurers.
-
Third-quarter statutory data reveals premium growth, worsening loss ratio because of increased loss cost trends and Hurricane Ian.
-
The pandemic was “not a significant loss driver” for most industry segments as of late 2021, the report read.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The CEO’s comments follow yesterday’s Q3 earnings report, in which the carrier’s GWP grew 24% year-on-year, accelerating for the third consecutive quarter.
-
The firm reported better than anticipated earnings factoring in Ian, but a slowing economy could cloud the outlook.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The multi-year smooth cycle may face disruption from factors like the great reshuffle, inflation and long-lasting health impact of Covid-19, according to its latest report.
Most Recent
-
Florida Governor DeSantis signs tort reform bill into law
March 24, 2023 -
M&A weekly round-up: Gallagher, NFP, NSM and more
March 24, 2023