Risk
XL Group Lost Over $1B in Q3: Hurricanes Harvey, Irma, Maria to Blame
XL Group reported losses exceeding $1 billion for the 2017 third quarter, blaming hurricanes Harvey, Irma and Maria for the results. The net loss of $1.04 billion for Q3 amounted to negative-$4.06 ...
Fosun’s Meadowbrook Insurance Rebrands as AmeriTrust Group, With Acquisitions in Mind
Meadowbrook Insurance Group has changed its name to AmeriTrust Group, Inc., close to three years after Chinese conglomerate Fosun International bought the company. The company's management team, in ...
UK, EU More on Same Page Now About Brexit Transition Push
The U.K. has shifted its approach to the transition agreement it wants to put in place for after Brexit, falling into line with the European Union's long-held stance. Businesses have been demanding ...
Energy, Industrial Firms Are Being Targeted for Cyber Attacks, U.S. Warns
The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power ...
The Latest Launches From PURE, The Zebra and Allied World
The PURE Group of Insurance Companies is releasing new coverage for individuals and families hit with financial losses stemming from fraud and cyber fraud. The Zebra, an online auto insurance ...
Multiple Red Flags Place Profitable Growth for U.S. P/C Insurers in Jeopardy
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable ...
U.S. Flood Risk Remains Poorly Understood, Plus 4 Other Lessons From Hurricanes Harvey and Irma
US flood risk is firmly under the spotlight as re/insurers, businesses and public officials come to terms with the devastating impact of hurricanes Harvey and Irma. The re/insurance industry will be ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...