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Stat data expense analysis 2023: A tale of two segments
Expense ratios modestly increase for commercial but continue to decline for personal lines.
Research
An overview of Q1 earnings shows upsides, but also plenty of concerns going into the rest of 2024.
Analysis of 2023 statutory data shows that Californian insurers are leaning more heavily on reinsurers but at a nationwide level, premium cessions were more stable.
The carrier’s comments on claims severity should serve as a warning for the industry
New leaders of these reinsurers have started strong, but Axis still has work to do.
Latest news
The segment’s accident year 2023 combined ratio moved up 1 point to 98% in 2023.
The all-items CPI has increased 3.4% over the last 12 months.
The executive is to pursue “a different entrepreneurial path”, according to an internal memo.
The ratings agency warns that wildfire is an increasingly risky and unpredictable peril.
More News
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Coaction appoints Cavallaro as new board director
May 13, 2024
Opinion
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The early close of the NFP deal is a slightly awkward-looking win for Aon
Adam McNestrie and Ben Wylie
Floridians make early reinsurance progress
Rates are still materially higher than pre-pandemic and lower layers are holding firmer.
Most Read
The firm doubled its premiums in the past three years after launching in specialty.
The firm launched late last year in the US with a $250mn capital injection, and has also acquired a UK platform.
The MGU is exploring additional third-party capital relationships.
May and June takeout requests for Citizens are exceeding expectations.
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