Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
- S&P Global Market Intelligence / Article / 3 days ago
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Ransomware attacks are becoming more targeted, sophisticated and vindictive, pushing up claims ratios and forcing insurers to respond. Some may even be considering exiting the market...
- S&P Global Market Intelligence / Article / 4 days ago
- www.spglobal.com
Revenue for a majority of the largest P&C insurers is expected to be up year over year, but 15 of them are also expected to report a year-over-year decline in EPS...
- S&P Global Market Intelligence / Article / 6 days ago
- www.spglobal.com
Cherry-picking systemic risks is 'a path to run-off' for insurers
One panelist at a terrorism insurance conference said this is...
- S&P Global Market Intelligence / Article / 7 days ago
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'Disturbing developments' lead liability insurer to push for 2nd 2020 rate hike
A medical professional liability insurer is seeking to increase rates for the second time in an eight-month stretch citing...
- S&P Global Market Intelligence / Article / 12 days ago
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The cyber threat is global, yet pooling mechanisms for systemic risks are typically national and so can form only part of the answer, experts told a terrorism insurance conference...
- S&P Global Market Intelligence / Article / 12 days ago
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Insurtechs turning to reinsurers for capacity, says CEO
Sten Saar, co-founder and CEO of commercial motor insurtech Zego, said traditional insurers' inflexibility meant technology-driven insurance firms were going directly to the reinsurance market...
- S&P Global Market Intelligence / Article / 17 days ago
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Biden tax plan could mean increased tax liabilities for insurance underwriters
An S&P Global Market Intelligence analysis found that companies would have had larger tax bills if the proposed tax rate in the Democratic presidential nominee's plan had been in effect in 2019...
- S&P Global Market Intelligence / Article / 17 days ago
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Policyholders who have failed to recover coronavirus-related business interruption payments from insurers will have brokers in their sights, but lawyers...
- S&P Global Market Intelligence / Article / 20 days ago
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Of the top 20 commercial auto insurers by premiums written, Allstate experienced the largest year-over-year decline in direct premiums during the second quarter...
- S&P Global Market Intelligence / Article / 21 days ago
- www.spglobal.com