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Set Alert for Insurance Day Markets :: Casualty

Reinsurers' results improve with shift away from prop cat risks: report

Global reinsurers have bolstered the casualty and specialty components of their portfolios in recent years due to  natural catastrophes losses and secondary perils

United States Casualty

Probitas announced half year underwriting profit of £17.1m

The Lloyd’s insurer also saw its combined ratio fall to 78.5% for H1 of 2022

London Lloyds

Hallmark's Q2 loss widens on adverse development and investments

The loss reflects a $32.5m increase in adverse proper-period reserve development and a negative $7.9m swing in realised investment results

United States Casualty

CNA Hardy appoints Borrel as head director of risk

He joins from Axa XL, and will be responsible for developing the insurer’s risk strategy framework

London Property

AM Best downgrades Kemper, citing earnings deterioration

The downgrades were primarily driven by unfavourable operating performance tied to elevated inflation and supply chain disruptions

United States Casualty

Citizens' policy count tops 1m mark

This marks the first time since 2014 that Citizens reached the 1m mark, the company disclosed on its website last week

United States Casualty
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