US commercial insurance rates continue upward trajectory – report
Umbrella and excess coverage, along with commercial auto, saw the most significant increases
Umbrella and excess coverage, along with commercial auto, saw the most significant increases
In Guidry-Burnham’s view, the captive model exposes a company to longer-term repercussions than the traditional P&C structure. “Everything that you do today has that longer-term impact, much longer than you see in the traditional PMT market,” she said. Premiums don’t just move through the system – they influence ongoing capital needs, reserve structures, and reinsurance…
Comparatively, Bowhead reported that its Q4 2024 gross written premiums rose 26.3% to $184.8 million, driven by renewals, new business, and platform expansion across all divisions. Return on equity stood at 14.8%, while the company’s book value per share stood at $11.34. Source link
Insurance bundling in the US Bundling home and auto insurance policies is a common practice in the insurance industry. Insurers often encourage this by offering discounts and streamlined services. However, while bundling is promoted through discounts and convenience, critics say making it compulsory could infringe upon consumer rights and limit market competition. Source link
At the end of the quarter, Brighthouse reported common stockholders’ equity, or book value of $3.5 billion, or $61.17 per common share. Excluding accumulated other comprehensive income (AOCI), the company’s book value stood at $8.2 billion, or $141.87 per share. Source link