Boeing Co.'s safety culture will come under public scrutiny today as two separate Senate hearings pore ov...
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 hours 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 / 3 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 / 13 days 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 / 13 days 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 / 27 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 / 1 month 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 / 2 months 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 / 2 months 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 / 2 months 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 / 2 months ago
