AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG began 2024 with very strong momentum in d...
Lloyd's of London underwriting improved in 6 of its 8 business lines in 2023
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Article / 7 days ago
How will the Baltimore bridge collapse affect US insurers' profits?
Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of US insurers is...
Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of US insurers is...
Article / 10 days ago
MS Amlin sets growth plan after underwriting turnaround - Financial Times
Big Lloyd’s of London insurer aims to expand in marine and liability cover after three years improving margin...
Big Lloyd’s of London insurer aims to expand in marine and liability cover after three years improving margin...
Article / 2 months ago
Insider US in Full: Q4 earnings preview: Could this be a kitchen sink quarter?
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
Article / 4 months ago
Insurers are nervous about Ukraine war risk despite ringing up profits. Here’s why - TradeWinds
Plan to insure ships exporting Ukraine grain yet to get off the ground...
Plan to insure ships exporting Ukraine grain yet to get off the ground...
tradewindsnews.com /
Article / 8 months ago
Korea P&I Club adopts mitigation actions to improve underwriting results
Korea P&I Club's (KP&I) underwriting fundamentals and profit volatility are expected to improve over the coming years, says AM Best....
Korea P&I Club's (KP&I) underwriting fundamentals and profit volatility are expected to improve over the coming years, says AM Best....
Article / 8 months ago
UK P&I Club reduces combined ratio to 104% as premiums exceed $500mn
The UK P&I Club posted a combined ratio of 104% in the year to 20 February, as premium income surpassed $500mn for the first time....
The UK P&I Club posted a combined ratio of 104% in the year to 20 February, as premium income surpassed $500mn for the first time....
Article / 11 months ago
NorthStandard posts 95% 2022/23 combined ratio and eyes specialty growth
Marine insurer NorthStandard swung to an underwriting profit in the year to February 2023 with a combined ratio of 95%, and is targeting a significant expansion...
Marine insurer NorthStandard swung to an underwriting profit in the year to February 2023 with a combined ratio of 95%, and is targeting a significant expansion...
Article / 11 months ago
Marine insurer reveals renewal results
The American Club has reported year-on-year growth in premium and tonnage over the recent renewal period, with increases in both metrics posted across all of the club’s insurance lines....
The American Club has reported year-on-year growth in premium and tonnage over the recent renewal period, with increases in both metrics posted across all of the club’s insurance lines....
Article / 1 year ago
Skuld posts $18mn H1 profit as CR improves to 95%
Marine insurer Skuld returned to profitability in the first six months of the 2022-2023 financial year amid a benign large claims environment....
Marine insurer Skuld returned to profitability in the first six months of the 2022-2023 financial year amid a benign large claims environment....
Article / 2 years ago