The floods and severe rainfall that ravaged Southern Brazil are hurting the nation's powerhouse agricultu...
Allstate Tops Profit Estimates on Higher Premiums, Investment Returns
Insurer Allstate posted an upbeat first-quarter profit on Wednesday, helped by higher premiums and stronger investment returns....
Insurer Allstate posted an upbeat first-quarter profit on Wednesday, helped by higher premiums and stronger investment returns....
Article / 8 days ago
Global Insurance Prices Continue Moderating as Rates Decline in Most Regions: Marsh
Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with a 2% increase in Q4 2023, according to the...
Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with a 2% increase in Q4 2023, according to the...
Article / 16 days ago
Munich Re Says Beating Target More Likely After Strong Quarter
Munich Re said it might beat its profit target for the year after first-quarter profit jumped amid benign expenditures to cover major losses and a strong investment result....
Munich Re said it might beat its profit target for the year after first-quarter profit jumped amid benign expenditures to cover major losses and a strong investment result....
Article / 17 days ago
Allstate Reports $731M in Q1 Pretax Catastrophe Losses
Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March....
Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March....
Article / 21 days ago
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
Article / 21 days ago
Time-Tested Loss Reserving Methods Challenged: AM Best
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the...
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the...
Article / 23 days ago
Insurer Bowhead Specialty's IPO Filing Shows Profit More Than Doubled in 2023
Bowhead Specialty Holdings disclosed on Friday that its net profit more than doubled in 2023, as the insurance underwriting company made its IPO filing...
Bowhead Specialty Holdings disclosed on Friday that its net profit more than doubled in 2023, as the insurance underwriting company made its IPO filing...
Article / 25 days ago
Taiwan Property Insurers Likely to Remain Profitable Despite Quake Losses: GlobalData
The 7.2 magnitude earthquake that struck Taiwan's east coast on April 3 caused substantial damage, particularly in Hualien with collapsed buildings and...
The 7.2 magnitude earthquake that struck Taiwan's east coast on April 3 caused substantial damage, particularly in Hualien with collapsed buildings and...
Article / 1 month ago
Buyers' Reinsurance Market Prevails in April Renewals as Reinsurers Seek Growth
Brokers Aon and Gallagher Re described a buyers' reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins...
Brokers Aon and Gallagher Re described a buyers' reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins...
Article / 1 month ago
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 / 2 months ago
