CNA sees net income tumble

In the US, operating DPW declined 3%, mainly due to the non-renewal of a large account. The region’s combined ratio improved slightly to 86.8%, helped by rate momentum across most lines. In the UK and Ireland, operating DPW fell 4% as portfolio remediation efforts continued. The combined ratio in that segment rose to 97.6%, influenced…

Insurance strength and reserve trends helped balance out headwinds Source link

Tiernan currently serves as Lloyd’s chief of markets, a role he has held since joining the organisation in May 2021. In this position, he has overseen underwriting, claims, exposure management, international regulation, market oversight, distribution, and the Lloyd’s Global Network. His remit has also included the Lloyd’s Lab, Lloyd’s Academy, and the organisation’s global agents….

The move supports the company’s ongoing development of its next-generation Aon Client Leadership strategy, which aims to deliver integrated solutions to help clients manage their risks. The company also named Magnus Roe as global chief data and analytics officer. He is responsible for advancing the company’s capabilities in analytics and helping clients make data-informed decisions. …

In the latest edition of Insurance Business TV, Danny Kaufman, president of Burns & Wilcox, reflects on the firm being named among this year’s five-star wholesale brokers and MGAs. He discusses the lines that have seen particular growth, the innovations the company is making and the role that AI will play in the future.  …

Dr. Christmas said hormone replacement therapy is one option for treating night sweats, genitourinary symptoms, or early onset menopause before age 40, as early menopause increases the risk of cardiovascular disease, cognitive decline, and osteoporosis. Hormone therapy is available in the form of pills, patches, creams or gels. The US Food and Drug Administration has…