As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current ...
Chubb: Middle Market Companies Post Record Gains
Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb....
Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb....
Article / 7 days ago
Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls
Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed to the...
Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed to the...
Article / 21 days ago
Verisk's Annual Profit Forecast Falls Short Amid Spending Uncertainty
Verisk Analytics forecast 2024 adjusted profit below market estimates last Wednesday, as the broader data and analytics industry grapples with worries...
Verisk Analytics forecast 2024 adjusted profit below market estimates last Wednesday, as the broader data and analytics industry grapples with worries...
Article / 1 month ago
Agents, Brokers Achieve Record Annual Growth in 2023
The independent insurance agent and broker channel posted an organic growth rate of 10.3% in 2023 — the highest annual level achieved since Reagan Consulting launched its quarterly growth...
The independent insurance agent and broker channel posted an organic growth rate of 10.3% in 2023 — the highest annual level achieved since Reagan Consulting launched its quarterly growth...
Article / 1 month ago
AXA's 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16%
France's AXA, Europe's second-biggest insurer, reported slightly lower-than-expected yearly earnings on Thursday, as higher debt servicing costs and...
France's AXA, Europe's second-biggest insurer, reported slightly lower-than-expected yearly earnings on Thursday, as higher debt servicing costs and...
Article / 1 month ago
Zurich Insurance Annual Profit Beats Estimates, Offers $1.25B Share Buyback
Zurich Insurance posted a better-than-expected annual operating profit on Thursday led by strong performance in its life business and offered a share buyback of...
Zurich Insurance posted a better-than-expected annual operating profit on Thursday led by strong performance in its life business and offered a share buyback of...
Article / 1 month ago
Record Q4 at Chubb Ends Historic, ‘Blowout Year'
Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago ended what CEO Evan G. Greenberg called a “blowout...
Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago ended what CEO Evan G. Greenberg called a “blowout...
Article / 2 months ago
Record Underwriting Income Highlights W.R. Berkley Q4 Results
Fourth quarter net income at W.R. Berkley Corp. increased 4% compared to the same period the prior year to about $397.3 million on record pretax
Fourth quarter net income at W.R. Berkley Corp. increased 4% compared to the same period the prior year to about $397.3 million on record pretax
Article / 2 months ago
With One Month to Go, Progressive's Yearly Combined Ratio Hit Target of 96
Progressive Corp. has achieved its combined ratio goal of 96, according to its release of November and year-to-date results....
Progressive Corp. has achieved its combined ratio goal of 96, according to its release of November and year-to-date results....
Article / 3 months ago
US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months
U.S. property/casualty underwriting results deteriorated during the first nine months of 2023 to a loss of $32.2 billion....
U.S. property/casualty underwriting results deteriorated during the first nine months of 2023 to a loss of $32.2 billion....
Article / 4 months ago