Casualty
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
Hartford Q2 earnings up 35% as underwriting income surges
US group reports higher profits in commercial lines and lower losses in personal lines
Court rules against the defence for 'what ifs'
A recent case has potentially far-reaching consequences for brokers and their professional indemnity insurers
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
Optio to acquire specialty Dutch MGA
Acquisition marks a 'significant milestone' in managing general agent's European expansion strategy
Markel names Devereaux as head casualty underwriter
Executive will oversee specialty carrier's entire casualty product offering, including primary casualty, excess and umbrella business
WR Berkley's income lifted by investments
US commercial lines writer books net earnings of $371m in second quarter
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
Travelers swings to Q2 profit despite higher cat losses
US giant's underwriting loss narrows in second quarter amid $230m favourable reserve development
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
Banyan teams up with PartnerRe on excess casualty launch
Specialist managing general agent launches new unit led by Markel executive Alan Rodrigues
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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