Peter Clune – Lockton

Lockton’s Clune: “Remarkable” recruitment supports 27% growth and record revenues in FY22

2022-05-16T15:00:00+01:00

Lockton’s 2022 fiscal year ended with record revenue that increased by 27 percent – much of it organic – to $2.69bn, with CEO Peter Clune telling The Insurer that the “remarkable roster” of hires made over the past 12 months played a key role in the significant expansion.

Hippo Q1 results

Hippo reduces loss ratio to 76% as revenue rises 44% in Q1

2022-05-13T12:11:00+01:00

Hippo Insurance Services has reported a gross loss ratio of 76 percent for the first quarter of 2022, a reduction of 122 percentage points year on year and the strongest result for the metric since the homeowners insurtech became a public company last August.

Apollo

Apollo 1969 on course to return profit for 2021 YoA

2022-05-13T06:52:00+01:00

Apollo Syndicate 1969 is on course to maintain its profitability on a three-year accounting basis with a preliminary forecast for the 2021 year of account (YoA) suggesting it will deliver a result ranging from break-even to a return of 7.5 percent of capacity.

Moodys Lloyds

Moody’s: Lloyd’s can sustain underlying performance improvements

2022-05-13T06:21:00+01:00

Lloyd’s can sustain, and potentially improve on, the underlying performance improvements delivered during 2021, according to a new report from Moody’s.

IM-RyanSpecialty-Q1-PatRyan-TimTurner

Ryan Specialty lifts top-end of ‘22 organic revenue guidance to 15.5%

2022-05-12T23:00:00+01:00

Ryan Specialty has raised the top-end of its forecasted full-year 2022 organic revenue growth to 15.5 percent, with the wholesaler’s management telling analysts that while conditions are expected to cool off later this year, less competition than initially expected has entered the market.

Hallmark Q1 earnings

Hallmark falls to operating loss as unfavorable development sends CR up

2022-05-12T21:37:00+01:00

Hallmark Financial swung to an operating loss in Q1 2022 with earnings that on a per share basis missed analysts’ consensus estimate as unfavorable net prior year loss reserve development fuelled a 10.6 point increase in its combined ratio.

Peter Clune – Lockton

Lockton’s Clune: “Remarkable” recruitment supports 27% growth and record revenues in FY22

2022-05-16T15:00:00+01:00

Lockton’s 2022 fiscal year ended with record revenue that increased by 27 percent – much of it organic – to $2.69bn, with CEO Peter Clune telling The Insurer that the “remarkable roster” of hires made over the past 12 months played a key role in the significant expansion.

Hippo Q1 results

Hippo reduces loss ratio to 76% as revenue rises 44% in Q1

2022-05-13T12:11:00+01:00

Hippo Insurance Services has reported a gross loss ratio of 76 percent for the first quarter of 2022, a reduction of 122 percentage points year on year and the strongest result for the metric since the homeowners insurtech became a public company last August.

Apollo

Apollo 1969 on course to return profit for 2021 YoA

2022-05-13T06:52:00+01:00

Apollo Syndicate 1969 is on course to maintain its profitability on a three-year accounting basis with a preliminary forecast for the 2021 year of account (YoA) suggesting it will deliver a result ranging from break-even to a return of 7.5 percent of capacity.

Moodys Lloyds

Moody’s: Lloyd’s can sustain underlying performance improvements

2022-05-13T06:21:00+01:00

Lloyd’s can sustain, and potentially improve on, the underlying performance improvements delivered during 2021, according to a new report from Moody’s.