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Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain
Sep 17 2024 // A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM...
US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021
Sep 16 2024 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses,...
People Moves: JM Wilson Hires Musolf and Hudson as Assistant Property & Casualty Underwriters; Group Captive Program Leader Albian Joins Ryan Alternative Risk
Sep 12 2024 // Savana Musolf JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters. Lisa Hudson Musolf works with independent insurance agents and company...
Property Drives E&S Growth of 15% in 2023 to Increase Overall P/C Share
Sep 12 2024 // For the sixth straight year, U.S. excess and surplus insurers in 2023 saw double-digit growth in direct written premiums. E&S direct written premiums (DWP) grew 15% last year to increase its share of the total...
Ryan Specialty to Acquire P/C MGUs From Ascot’s Ethos Specialty
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P/C) MGUs owned by Ethos Specialty Insurance LLC from Ascot...
US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021
Aug 29 2024 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses,...
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