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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Markets lose ground; Florida P&C carriers secure reinsurance for coming season

Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Article / 27 days ago

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

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