At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even...
US P&C insurers in line for higher revenues, lower EPS in Q3
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Article / 1 year ago
Asbestos drags on Travelers; insurer took Q3 charge after upping reserves in '20
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Article / 2 years ago
Cat losses, inflation among focal points during P&C insurers' Q3 earnings season
All but one of the 20 largest P&C and multiline insurers for which estimates are available are expected...
All but one of the 20 largest P&C and multiline insurers for which estimates are available are expected...
Article / 2 years ago
Jan. 1 renewals yield mixed results for reinsurers, buyers
While rate increases may have been below reinsurers' expectations...
While rate increases may have been below reinsurers' expectations...
Article / 3 years ago
Fla. lawmakers seeking new ways to curb wave of litigation against P&C insurers
Jeff Brandes, a state senator, said the property insurance situation in Florida has become...
Jeff Brandes, a state senator, said the property insurance situation in Florida has become...
Article / 3 years ago
Top Risks For The Global Insurance Industry
Could COVID-19’s second wave shake up the sector?...
Could COVID-19’s second wave shake up the sector?...
Report / 3 years ago
As new risks emerge, liability carriers continue to confront an old peril
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Article / 3 years ago
Cat losses, pandemic likely to be highlighted in P&C insurers' Q3 results
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...
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...
Article / 3 years ago
Outbreaks on cruises, in care homes could leave commercial insurers on the hook
As the U.S. COVID-19 death toll nears 100,000, allegations of negligence and improper care in places such as hotels, cruise ships and long-term care facilities may lead to a surge...
As the U.S. COVID-19 death toll nears 100,000, allegations of negligence and improper care in places such as hotels, cruise ships and long-term care facilities may lead to a surge...
Article / 4 years ago
Insurers may be on the hook for $1B+ Boy Scouts settlement
Insurers that wrote policies for the Boy Scouts of America going back decades could find themselves exposed to big court-ordered payouts, although there are questions over liability limits and other policy terms...
Insurers that wrote policies for the Boy Scouts of America going back decades could find themselves exposed to big court-ordered payouts, although there are questions over liability limits and other policy terms...
Article / 4 years ago