Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflat...
Liberty Mutual reports $1.5 billion Q1 profit
Liberty Mutual Holding Co. Inc. Thursday reported first-quarter net income of $1.54 billion, compared with a $74 million net loss for the same period last year....
Liberty Mutual Holding Co. Inc. Thursday reported first-quarter net income of $1.54 billion, compared with a $74 million net loss for the same period last year....
Article / 6 days ago
Axa posts higher revenue
Axa, Europe's second-biggest insurer, Thursday reported its first-quarter revenue grew to €34 billion ($36.34 billion) from €31.8 billion in the year-earlier period....
Axa, Europe's second-biggest insurer, Thursday reported its first-quarter revenue grew to €34 billion ($36.34 billion) from €31.8 billion in the year-earlier period....
Article / 12 days ago
Verisk first-quarter profit beats estimates
Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by property/casualty insurers to assess underwriting risks....
Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by property/casualty insurers to assess underwriting risks....
Article / 14 days ago
Insurers seek to keep pace with explosive use of AI
The meteoric rise of artificial intelligence across numerous industries has led insurers, brokers, lawyers and others to pause and consider what new risks and exposures the developing uses of the technology may create.
The meteoric rise of artificial intelligence across numerous industries has led insurers, brokers, lawyers and others to pause and consider what new risks and exposures the developing uses of the technology may create.
Article / 14 days ago
Chubb's Q1 profit rises on strong investment returns, underwriting
Chubb Ltd. Tuesday reported a rise in first-quarter profit, helped by higher returns from its investments and stronger underwriting....
Chubb Ltd. Tuesday reported a rise in first-quarter profit, helped by higher returns from its investments and stronger underwriting....
Article / 21 days ago
Brown & Brown reports higher first-quarter revenue, profit - Business Insurance
Brown & Brown Inc. reported first-quarter revenue rose 12.7% to $1.258 billion as the broker saw 8.6% organic growth during the period...
Brown & Brown Inc. reported first-quarter revenue rose 12.7% to $1.258 billion as the broker saw 8.6% organic growth during the period...
Article / 22 days ago
Marsh McLennan sees rate hikes slowing; reports revenue growth
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Article / 27 days ago
Robust reinsurer earnings help rein in renewal price hikes
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024 renewals, according to sources and recent industry...
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024 renewals, according to sources and recent industry...
Article / 1 month ago
Talanx sees net income more than double
German insurer Talanx AG's group net income grew by a massive 123% year-on-year to €1.6 billion ($1.7 billion) in 2023, driven by contributions from all divisions, mainly primary insurance,...
German insurer Talanx AG's group net income grew by a massive 123% year-on-year to €1.6 billion ($1.7 billion) in 2023, driven by contributions from all divisions, mainly primary insurance,...
Article / 2 months ago
Brokers to see solid organic revenue growth: A.M. Best
Commercial insurance brokers are forecast to achieve organic revenue growth in the mid-single digits or higher this year, bolstered by continued economic growth and property/casualty rate...
Commercial insurance brokers are forecast to achieve organic revenue growth in the mid-single digits or higher this year, bolstered by continued economic growth and property/casualty rate...
Article / 2 months ago
