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“We have delivered good growth, solid underwriting margins, and a strong balance sheet – a combination that continues to support excellent returns and more predictable outcomes. These are important indicators that our business is working – for customers, for shareholders, and for our people,” he said.
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[ad_1] Jump to winners | Jump to methodology Speed demons Brokerages have two principal avenues for growth, but it is organic expansion that commands the industry’s focus. This, according to Sean O’Neill, head of the global insurance practice at Bain & Company, is the sector’s “holy grail” – a mark of sustainable success that firms are…
[ad_1] Katherine Gerber, AXA XL’s head of energy transition, said, “Our capabilities and commitment to helping clients address energy risks has been well received, and having Eric onboard only strengthens our ability in helping clients navigate through complex risks.” [ad_2] Source link
[ad_1] Jim Carson, legislative director for the department, said a separate proposal backed by Governor Phil Scott offers a more consistent approach. Under that bill, the department would maintain its existing review process but include an additional step allowing the commissioner to assess whether a rate is affordable. If a proposed rate exceeded the benchmark…
[ad_1] It is the only FTSE 100 stock will all “buy” ratings [ad_2] Source link
[ad_1] In response to rising cost pressures, auto insurers saw underwriting results deteriorate, prompting significant adjustments to pricing strategies. “(Auto insurance providers) sought and received approval to raise rates. So, you’ve had several years of back-to-back, in some cases double-digit, rate increases. It culminated in 2024, with underwriting results showing a big improvement as a…
[ad_1] The Fifth Circuit found that under Louisiana law’s one-year prescription period for products liability claims, Allied’s lawsuit was time-barred. The court ruled that RISE Residential, acting as an agent for the developer Provident Group-Flagship Properties, LLC, had constructive knowledge of the root cause well before the July 23, 2020 deadline. That knowledge, the court…
