With its personal lines business benefiting from the impact of rate increases earning into the book, and ...
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
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
US crop insurers see bumper year in 2021 as commodity prices rise
Many agricultural staples, including wheat and grains, have recorded significant price increases over the past year.
Many agricultural staples, including wheat and grains, have recorded significant price increases over the past year.
Article / 2 years ago
