January 22, 2025
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The carrier confirmed that its corporate cat treaty retention decreased to $3bn this year from $4bn in 2025. -
Travelers grew NWP by 1% in Q4 as BI rose 2%, specialty increased 4% and personal lines was unchanged.
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The agency cited falling property rates and US casualty challenges.
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The market is now approaching something that “looks like equilibrium”.
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Worsening market conditions drove the majority of P&C stocks to underperform the S&P 500 in 2025.
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An impending soft market further complicates the outlook for carriers with long-tail casualty exposure.
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The ratings agency maintained a neutral sector outlook.
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The Floridian also anticipates $115mn to $125mn in net income for the quarter.
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A favorable nine months for the industry does not solve its underlying problems.
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Loss ratios in troubled casualty lines ticked down year-over-year despite worsening loss costs.
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Kemper and Selective’s woes stem partly from own issues, but industry-level issues persist.
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Aspen's GWP increased 0.9% to $1.13bn, as it focuses on “robust cycle management”.
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After outsized losses, the (re)insurer still sees opportunity in a softening market.
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The company expects to have $415mn to $430mn of third-party written premium in Q4.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The reinsurance loss ratio improved by over 20 points with no notable cat losses for the quarter.
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The carrier’s top line grew to $1.4bn in the first half of 2025.
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The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The reserve strengthening stemmed from bodily injury and defense costs for accident years 2023 and prior.
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Slide does expect a “meaningful” amount of takeouts for this month and next.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company has now posted rate increases for 37 consecutive quarters.
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The company is also prepared for potential M&A activity.
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The executive said the firm has grown its casualty business by 80% from 2022.
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Zaffino said AIG will continue to assess strategic opportunities after the Convex, Onex and Everest deals.
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T&Cs, as well as exclusions, remain largely unchanged, the executive said.
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The carrier is continuing to reposition its portfolio to drive more consistent returns.
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Underwriting income for North America quadrupled to $384mn, and the segment recorded a CoR of 82.6%.
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The chief executive said he doesn’t expect to see a price drop anytime soon.
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Casualty rates in Q3 rose 6.1% driven by increases in commercial auto, energy and excess liability.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Both the primary and reinsurance segments benefitted from a light cat year.
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While attritional losses were up for the quarter, those in the carrier’s core business declined.
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CEO Greg Case said data center demand could generate over $10bn in new premium volume in 2026.
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