Robert Berkley A ground swell of competition “Without a doubt there is a grown ground swell of competition. You can see it manifesting itself in a couple of difference ways. A couple of macro observations will be the standard markets, … Continued
Robert Berkeley There are some markets that are exceedingly attractive, reinsurance remains irrational “Having said that, there are some parts of the professional market that are exceedingly attractive and there are other parts where people need to be quite cautious. … Continued
W.R. Berkley’s (WRB) CEO Rob Berkley on Q3 2016 Results The marketplace is more of the same “as far as the market goes, generally speaking a continuation of what we’ve seen over the past few quarters. The marketplace overall is … Continued
WR Berkley (WRB) CEO Robert Berkley said low interest makes sometimes make him feel like crying “Continued dislocation in the marketplace amongst some very large carriers as some of them were managing through a merger or acquisition and others were … Continued
Robert Berkley Insurance marketplace more competitive but reinsurance slightly less “The insurance marketplace continues to become incrementally more competitive while the reinsurance marketplace seems to be coming gradually a little less intensely competitive, though that is a very incremental change.” … Continued
Lazard (LAZ) CEO Ken Jacobs said the company benefited from a robust Mergers & Acquisitions environment “In advisory, we had our best year ever with broad-based activity across practices and regions, and record annual M&A operating revenue. Lazard advised or … Continued
Roper (ROP) CEO Brian Jellison said it may not look like it from the outside but under the surface, the company is moving very quickly “if you look at the income statement, we are sort of laughing, because it’s the … Continued
Competition modestly on the rise, but hard to find any catalyst that would shift that “Yes, competition is modestly on the rise, but truly is at its incremental rate. And in spite of some of the recent headlines that we … Continued
There’s been a lot of industry change but conditions have remained pretty consistent “The second quarter, as suggested a moment ago, has been a period of significant change for the industry, but much of that change stem from the level … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Domestic insurance market offers … Continued