Discover the difference between intelligence, and essential intelligence. S&P Global Market Intelligence integrates financial and industry data, research, and news, providing you with the essential information to make decisions with conviction.

Discover the difference between intelligence, and essential intelligence. S&P Global Market Intelligence integrates financial and industry data, research, and news, providing you with the essential information to make decisions with conviction.

Discover the difference between intelligence, and essential intelligence. S&P Global Market Intelligence integrates financial and industry d...

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Catastrophe losses drop sharply YOY in Q1 for many big US insurers

Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Article / 1 month ago

COVID-19, economic issues complicating assessment of Beirut blast claims

The size of the claims bill from the massive port explosion in Lebanon's capital is uncertain, although early indications have begun to emerge, and losses may take a while to determine...
The size of the claims bill from the massive port explosion in Lebanon's capital is uncertain, although early indications have begun to emerge, and losses may take a while to determine...
Article / 2 years ago

COVID-fueled supply chain disruption a crunch point for insurance claims

Claims professionals have overcome a number of challenges that the coronavirus pandemic has thrown at them, but lack of materials to repair vehicles and buildings is hampering claims fulfillment...
Claims professionals have overcome a number of challenges that the coronavirus pandemic has thrown at them, but lack of materials to repair vehicles and buildings is hampering claims fulfillment...
Article / 2 years ago

3 years of cat losses provide key lesson for insurers, says Swiss Re exec

Insurers should learn that basing decisions on historical analysis alone is not good enough, said catastrophe perils head Martin Bertogg, as the reinsurer's latest report warned of growing future losses...
Insurers should learn that basing decisions on historical analysis alone is not good enough, said catastrophe perils head Martin Bertogg, as the reinsurer's latest report warned of growing future losses...
Article / 2 years ago

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