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Digital commercial lines insurer Embroker announced the appointment of a chief insurance officer and a chief technology officer. Steve Prymas, Embroker's
AXIS Insurance snares new AVP, excess casualty from AXA XL
04-05-2021
02-10-2020
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited (AXIS Capital) has hired an assistant vice president for its US Excess casualty business.
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First Quarter 2021 Net Loss of $103.5 million – ($3.37 per diluted share) and Adjusted Net Operating Loss
1 of $108.8 million – ($3.54 per diluted share)
35.6% growth in Core (excluding Commercial Auto) Excess and Surplus Lines (“E&S”) Gross Written Premium and 14.6% increase in E&S renewal pricing, each versus the prior year quarter. This renewal rate increase is ahead of that of the prior year quarter. Core E&S Gross Written Premium has grown 85.7% since the first quarter of 2019
Fronting business within the Specialty Admitted segment grew meaningfully as recently added programs continued to mature and expand. Segment Gross Written Premium grew 23.6% and fee income 21.8%, each versus the prior year quarter
Chubb Releases Annual Liability Limit Benchmark & Large Loss Profile Report
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Benchmark report provides meaningful insights and serves as an additional tool to help companies evaluate insurance limits and exposures against industry peers
WHITEHOUSE STATION, N.J., April 14, 2021 /PRNewswire/ Chubb has released its annual Liability Limit Benchmark & Large Loss Profile report. The report highlights the frequency and severity of large loss data over the past decade, as well as the liability insurance limits for businesses across several industry sectors, including chemical, construction, consumer products, healthcare, life sciences, manufacturing, oil and gas, rail transportation, road transportation, real estate and hospitality, and utilities.