The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, hi...
ESG Litigation Over Social Issues Is Poised to Rise - IJ
Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent...
Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent...
Article / 2 years ago
Bermuda (Re)Insurer Benefits to Narrow Amid 15% Global Minimum Tax
Bermuda’s advantageous tax status for the (re)insurance industry will be reduced at the margin with...
Bermuda’s advantageous tax status for the (re)insurance industry will be reduced at the margin with...
Article / 3 years ago
UK Insurers Unlikely to Get Profit Boost From Fraud Reduction
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
Article / 5 years ago
Bermuda (Re)Insurance Cat Losses Pressure Returns, Drive M&A
Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform, according to Fitch Ratings...
Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax reform, according to Fitch Ratings...
Article / 5 years ago
