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AIG’s Lexington had a 50% rise in Q1 submission volume: CEO Zaffino
The carrier reports an E&S property slowdown but “massive” submission activity in casualty.
Research
Industry results look good despite recent GDP/CPI numbers, but there is still cause for concern.
Focus on reserves to continue as gap between cautious reservists and others emerges.
Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines.
Early results suggest another strong quarter with a variety of driving forces.
Latest news
The Bermudian has been reducing exposure in Florida for almost a decade.
This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
The Insurance Insider US news team runs you through the earnings results for the day.
Sources said the company has halted its Q2 listing and will reassess the market next year.
More News
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Amwins forms National Transportation Underwriters
May 01, 2024 -
AM Best upgrades Hamilton Re FSR on performance
May 01, 2024
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Ascot names Osborne as head of US excess casualty
April 30, 2024 -
QBE launches specialized healthcare liability practice
April 30, 2024 -
Number of US jury awards over $10mn hits 89 in 2023
April 30, 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 -
The resolution of the Fleming-James River dispute still hurts the legacy segment
Adam McNestrie and Ben Wylie
Capacity inflows sustain state of flux in commercial auto despite headwinds
However, capacity build has slowed over the past year, sources say.
Most Read
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NFP deal a ‘tour de force revenue opportunity’ for Aon: Case
April 26, 2024
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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