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Casualty
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US homeowners' segment posts worst underwriting result since 2000
Sector books underwriting loss of $15.2bn in 2023, more than double the previous year’s loss, AM Best analysis finds
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Hartford Q2 earnings up 35% as underwriting income surges
US group reports higher profits in commercial lines and lower losses in personal lines
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Court rules against the defence for 'what ifs'
A recent case has potentially far-reaching consequences for brokers and their professional indemnity insurers
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Commercial insurance rates flat in Q2: Marsh
Stabilisation driven by increasing competition among insurers in the global property market, but casualty rates continue to rise amid concerns about US social inflation
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Optio to acquire specialty Dutch MGA
Acquisition marks a 'significant milestone' in managing general agent's European expansion strategy
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Markel names Devereaux as head casualty underwriter
Executive will oversee specialty carrier's entire casualty product offering, including primary casualty, excess and umbrella business
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WR Berkley's income lifted by investments
US commercial lines writer books net earnings of $371m in second quarter
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Insurers brace for surge in claims in wake of global IT outage
Cyber insurers face business interruption losses, while D&O and property/casualty writers could also see exposures, brokers warn
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Travelers swings to Q2 profit despite higher cat losses
US giant's underwriting loss narrows in second quarter amid $230m favourable reserve development
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Insurance risk and reward in the summer of sport
The insurance industry will play a critical role in protecting this summer’s array of sporting events
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Banyan teams up with PartnerRe on excess casualty launch
Specialist managing general agent launches new unit led by Markel executive Alan Rodrigues
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Selective hit by $176m casualty reserve deterioration
US property/casualty group swings to second-quarter net loss of $65.6m as combined ratio surges to 116.1%
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