The emergency management ministry cited damage from several cold spells, a 7.1 magnitude earthquake in th...
Earnings perils: Redefining the risks that matter - Commercial Risk
For good reason, the insurance industry has primarily focused on what it regards as ‘primary’ perils – namely, tropical cyclones and earthquakes – as catastrophic events like Hurricanes Andrew…
For good reason, the insurance industry has primarily focused on what it regards as ‘primary’ perils – namely, tropical cyclones and earthquakes – as catastrophic events like Hurricanes Andrew…
Article / 4 months ago
Report: U.S. Crop Insurers Reap Billions in Profit
Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year,...
Roughly one-third of U.S. government spending to insure the nation’s crops since 2011 has gone to insurance companies that derive more than $1 billion in profit from the program each year,...
Article / 4 months ago
Aon Reports Third Quarter 2023 Results
Total revenue increased 10% to $3.0 billion , including organic revenue growth of 6%...
Total revenue increased 10% to $3.0 billion , including organic revenue growth of 6%...
PR / 6 months ago
US Crop Insurers See 2022 Underwriting Loss Despite Record Premiums - Captive.com
Despite US crop insurance premiums reaching a record high of $21.5 billion in 2022, the segment posted an underwriting loss due to challenging growing...
Despite US crop insurance premiums reaching a record high of $21.5 billion in 2022, the segment posted an underwriting loss due to challenging growing...
captive.com /
Article / 8 months ago
Turkiye: Agricultural Insurance Pool posts premiums of over US$360m in 1H
TARSIM, the state-backed Agricultural Insurance Pool that provides crop and livestock insurance, has generated a premium income of TRY9.5bn ($364m) in the first half of this year,
TARSIM, the state-backed Agricultural Insurance Pool that provides crop and livestock insurance, has generated a premium income of TRY9.5bn ($364m) in the first half of this year,
Article / 10 months ago
Agricultural insurance is 3rd biggest class of non-life business for third consecutive month
Agricultural insurance was the third biggest class of non-life business in the first eight months of this year in terms of premium...
Agricultural insurance was the third biggest class of non-life business in the first eight months of this year in terms of premium...
Article / 2 years ago
IRB Brasil Re reports R$661mn underwriting loss following Brazil drought
IRB Brasil Re has posted an underwriting loss of R$661mn ($119.4mn) for the second quarter of 2022 with its combined ratio soaring to 154.3 percent on the...
IRB Brasil Re has posted an underwriting loss of R$661mn ($119.4mn) for the second quarter of 2022 with its combined ratio soaring to 154.3 percent on the...
Article / 2 years ago
India: Private sector makes twice as much gains as public sector in flagship crop insurance scheme
Private insurance companies posted twice as much gains than public-sector insurers in the government-backed crop insurance scheme...
Private insurance companies posted twice as much gains than public-sector insurers in the government-backed crop insurance scheme...
Article / 2 years ago
U.S. Crop Writers Post Record Premium Growth on Commodity Prices, Innovation: AM Best
Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an increase of nearly 40%...
Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an increase of nearly 40%...
Article / 2 years ago
India: Insurers post gains of U$5bn from FY2016-2022 from govt-backed crop insurance plan
Insurance companies made gains of nearly INR400bn ($5bn) in the last over five years under the central government's flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY).
Insurance companies made gains of nearly INR400bn ($5bn) in the last over five years under the central government's flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY).
Article / 2 years ago
