Progressive’s Property business recognises favorable development of $110m in August
Reinsurance News - Sep 13, 2024
Property and auto-focused insurance group Progressive’s property business recognised favourable development of around $110 million in the month of August, with just over 60% relating to the May storms. If you recall, in June, the US primary insurer announced net catastrophe losses of $722.1 mi...
Recommended Articles
Posted: Oct 03, 2025
Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. ca...
Posted: Oct 03, 2025
Blackstone, the alternative asset manager, has announced the appointment of Kimberly Kim as Senior M...
Posted: Oct 03, 2025
American Integrity Insurance Group, Inc., a property insurance provider in the Southeast, has announ...