Marsh McLennan sees rate hikes slowing; reports revenue growth
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday...
Article / 2 days ago
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes...
Article / 1 day ago
Reinsurance hit anticipated as Dubai flooding impact emerges
Insurers in the emirate typically buy low-attaching reinsurance....
Insurers in the emirate typically buy low-attaching reinsurance....
Article / 2 days ago
Nord Stream insurers say policies did not cover war risks, Kommersant reports - Reuters
Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported...
Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported...
reuters.com /
Article / 2 days ago
UK financial sector seeks stronger accountability of regulators - Yahoo
A new sector-wide body could help ensure that Britain's financial regulators fully comply with their new remit of aiding international competitiveness...
A new sector-wide body could help ensure that Britain's financial regulators fully comply with their new remit of aiding international competitiveness...
yahoo.com /
Article / 2 days ago
Differing Regulatory Environments Can Sway Ratings for Insurers
Contrasts in regulatory framework and practices across jurisdictions like Bermuda, Europe and the US can lead to differences in the notching relationship between...
Contrasts in regulatory framework and practices across jurisdictions like Bermuda, Europe and the US can lead to differences in the notching relationship between...
PR / 2 days ago
Study: Average Cyber Breach Insurance Coverage Gap is 350%
A new study released this week highlights the extreme cyber coverage gap that exists....
A new study released this week highlights the extreme cyber coverage gap that exists....
Article / 2 days ago
Insurance firms should shun the East African Crude Oil Pipeline - Al Jazeera
The project is already devastating local communities and will contribute to climate change if completed...
The project is already devastating local communities and will contribute to climate change if completed...
aljazeera.com /
Article / 2 days ago
Lok Sabha elections 2024: Everything you need to know - AP News
With a population of over 1.4 billion people and close to 970 million voters, India’s general election pits Prime Minister Narendra Modi, an avowed Hindu nationalist, against a broad alliance of opposition parties that are struggling to play catch up.
With a population of over 1.4 billion people and close to 970 million voters, India’s general election pits Prime Minister Narendra Modi, an avowed Hindu nationalist, against a broad alliance of opposition parties that are struggling to play catch up.
apnews.com /
Article / 1 day ago
Study: U.S. Companies Facing Class Actions at Highest Level in 13 Years
U.S.-based corporations spent nearly $4 billion of their legal budgets on class actions last year, making it one of the fastest-growing areas of legal spending...
U.S.-based corporations spent nearly $4 billion of their legal budgets on class actions last year, making it one of the fastest-growing areas of legal spending...
Article / 1 day ago