Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of...
Catastrophes, inflation key factors for Japan's nonlife insurers in FY'23
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Article / 1 year ago
Australia P&C dividends resilient despite stormy forecast
The top three property and casualty insurers in Australia are expected to nearly double their ordinary dividends for fiscal 2023, despite the projected negative impact of a wet spring and early...
The top three property and casualty insurers in Australia are expected to nearly double their ordinary dividends for fiscal 2023, despite the projected negative impact of a wet spring and early...
Article / 2 years ago
Catastrophe losses drop sharply YOY in Q1 for many big US insurers
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Article / 2 years ago
P&C insurers seeing catastrophe loss respite in Q4'21
Claims may be manageable for underwriters during the period, but Jefferies analyst Philip Kett cautioned of possible loss creep...
Claims may be manageable for underwriters during the period, but Jefferies analyst Philip Kett cautioned of possible loss creep...
Article / 2 years ago
US insurers' cat losses plunge YOY in Q4'19 as weather events, wildfires ease
The most severe weather event in the quarter appears to have been Typhoon Hagibis, which struck Japan in October 2019 and caused an estimated $11 billion in losses...
The most severe weather event in the quarter appears to have been Typhoon Hagibis, which struck Japan in October 2019 and caused an estimated $11 billion in losses...
Article / 4 years ago
