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Set Alert for Insurance Day Markets :: Property

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

Fireman's Fund found not liable in Covid BI case in South Carolina

South Carolina Supreme Court rules the virus does not physically alter property and does not trigger coverage for direct physical loss or damage to an insured property

United States Property
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