Claims & Losses

Claims & Losses

News, insights and thought leadership for re/insurance professionals with an interest in claims and losses.

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Liberty Mutual, Old Republic book highest US workers' comp loss ratios in Q2

Liberty Mutual, Old Republic book highest US workers' comp loss ratios in Q2

Direct premiums across the industry in the second quarter were the highest during the period in the last five years, surpassing the $13.51 billion logged in the second quarter of 2019...

Direct premiums across the industry in the second quarter were the highest during the period in the last five years, surpassing the $13.51 billion logged in the second quarter of 2019...

Article / 7 months ago

Zurich, Liberty Mutual book highest US workers' comp loss ratios in Q1 2023

Zurich, Liberty Mutual book highest US workers' comp loss ratios in Q1 2023

Several insurers saw favorable prior-year reserve development for the business line in the first quarter of 2023, but most companies' loss ratios deteriorated year over year...

Several insurers saw favorable prior-year reserve development for the business line in the first quarter of 2023, but most companies' loss ratios deteriorated year over year...

Article / 10 months ago

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GenAI: The Double-Edged Sword - Claims Management Magazine

GenAI: The Double-Edged Sword - Claims Management Magazine

In the rapidly evolving landscape of technology, one of the most revolutionary advancements that has gain...

Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO

Social inflation has put severity pressure on loss cost trends over last fi...

Long-run loss cost trends in the US are at 6.5% as a result. CNA Financial CEO Dino Robusto said that ov...

Baltimore bridge rebuild expected to cost up to $1.9B - Construction Dive

Baltimore bridge rebuild expected to cost up to $1.9B - Construction Dive

The state of Maryland, which will soon receive a $350 million insurance payment, anticipates the new span...

Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'

Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'

While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway's head of...

Property market braces for $200mn+ Dollar Tree loss after direct tornado hit

Property market braces for $200mn+ Dollar Tree loss after direct tornado hi...

Underwriters are expecting losses from the direct tornado hit on the Dollar Tree distribution centre in M...

Navigating the Aftermath: The MV Dali Bridge Collision

Navigating the Aftermath: The MV Dali Bridge Collision

The incident appears to have been related to an electrical power failure on the vessel...

Windstorm Ciarán (Emir) industry loss lifted another 5.5% to €2.043bn by PERILS

Windstorm Ciarán (Emir) industry loss lifted another 5.5% to €2.043bn by PE...

The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from Nov...

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