LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers h...
Revisiting the 2023 annual report reserve triangles
Some carriers may be pressing too hard on reserve releases from recent years....
Some carriers may be pressing too hard on reserve releases from recent years....
Article / 24 days ago
State Farm Underwriting Loss Climbs to $14B
When State Farm reported a $13 billion underwriting loss for 2022, it was the largest in the auto insurance giant’s history....
When State Farm reported a $13 billion underwriting loss for 2022, it was the largest in the auto insurance giant’s history....
Article / 28 days ago
Study: Autonomous Truck Market Surging
The demand for autonomous trucks is estimated to increase from $3.3 billion in 2023 to reach $6.9 billion by 2028, according to a new study by BCC Research.
The demand for autonomous trucks is estimated to increase from $3.3 billion in 2023 to reach $6.9 billion by 2028, according to a new study by BCC Research.
Article / 1 month ago
UAE Insurance Industry Set to Grow with Motor Profitability Improving
Gross written premiums (GWP) in the UAE motor insurance sector are set to increase on the back of increased vehicle sales in 2023 with underwriting profitability...
Gross written premiums (GWP) in the UAE motor insurance sector are set to increase on the back of increased vehicle sales in 2023 with underwriting profitability...
PR / 1 month ago
Q4 earnings analysis: Caution prevails in US liability insurance
The drivers are not surprising, but the extent of development is, execs said....
The drivers are not surprising, but the extent of development is, execs said....
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 / 2 months ago
UK insurers tumble on report of regulator comments on premium finance - Reuters
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
reuters.com /
Article / 3 months ago
GlobalData: China's insurance market poised for new highs
Motor expected to dominate...
Motor expected to dominate...
Article / 3 months ago
UK motor insurers expect 2023 to be worst performing year since 2010
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
Article / 3 months ago
November CPI: Keep the rate accelerator pressed!
Yesterday, the Bureau of Labor Statistics released its November update to the CPI. We took a look at the new numbers, as well as rates and results, and...
Yesterday, the Bureau of Labor Statistics released its November update to the CPI. We took a look at the new numbers, as well as rates and results, and...
Article / 4 months ago