John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces ...
State Farm facing worst homeowners loss ratio in 2 decades
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
Article / 4 months ago
Allstate, Liberty Mutual top $1B in catastrophe losses for Q3 2023
In an aerial view, burned structures and cars are seen two months after a devastating wildfire on Oct. 9 in Lahaina, Hawaii....
In an aerial view, burned structures and cars are seen two months after a devastating wildfire on Oct. 9 in Lahaina, Hawaii....
Article / 5 months ago
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
Fla. residential property insurers post back-to-back $1B+ losses
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Article / 1 year ago
US P&C Q4'22 earnings recap – Auto losses deal heavy blow to Allstate
While the final quarter of 2022 was rough for many property and casualty insurers, The Allstate Corp. particularly took it on the chin....
While the final quarter of 2022 was rough for many property and casualty insurers, The Allstate Corp. particularly took it on the chin....
Article / 1 year ago
Cloud hangs over personal auto carriers after Allstate's Q4'22 earnings preview
A disappointing preannounced report from The Allstate Corp. paints a potentially gloomy picture for other personal auto insurers as P&C carriers prepare for their...
A disappointing preannounced report from The Allstate Corp. paints a potentially gloomy picture for other personal auto insurers as P&C carriers prepare for their...
Article / 1 year ago
Hurricane Ian exacerbates misery for Florida's tired P&C players
The devastation of Hurricane Ian has added to the financial strain under which the carriers that constitute the troubled Florida domestic residential insurance...
The devastation of Hurricane Ian has added to the financial strain under which the carriers that constitute the troubled Florida domestic residential insurance...
Article / 1 year ago
Hurricane Ian weighs heavy on property insurers' Q3 catastrophe losses
Damage from Hurricane Ian led to significant catastrophe losses for many large property-casualty carriers and reinsurers and for Florida's insurer...
Damage from Hurricane Ian led to significant catastrophe losses for many large property-casualty carriers and reinsurers and for Florida's insurer...
Article / 1 year ago
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 / 2 years ago
Scor loss stands out in tough H1 for Europe's Big 4 reinsurers
Scor SE was the only one of Europe's four biggest reinsurers to record a loss in the first half of 2022 as a combination of capital markets turmoil...
Scor SE was the only one of Europe's four biggest reinsurers to record a loss in the first half of 2022 as a combination of capital markets turmoil...
Article / 2 years ago
