Underwriting
RSA Sees Net Written Premiums Rise in a ‘Very Good Start to the Year’
London-listed insurer RSA reported a 14 percent rise in first-quarter net written premiums on Thursday and said operating profits were ahead of plan, sending its shares higher. Best known in Britain ...
AIG’s Cost-Cutting Helped Lead to a Better-Than-Expected Q1
American International Group Inc., one of the largest U.S. insurers, reported better-than-expected first-quarter operating profit on Wednesday, helped by investment returns and cost cuts. AIG ...
Know Your Data and Other Cyber Risk Reduction Tips From Travelers and Symantec
With data breaches and business interruptions stemming from cyber-attacks now a significant worry for companies, there's one thing they can do to fight back: know their data. Travelers and cyber ...
Allianz Arm Grows Tuition Protection Coverage for Colleges, Universities
A division of Allianz is expanding its tuition protection coverage for colleges and universities. Allianz Global Assistance USA said it will partner with schools to provide students ways to boost ...
Allstate’s Q1 Profit Soars; Auto Line Pricing Improvement Progresses
Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016. Total revenue of $9.4 billion in the first quarter of ...
EU Brexit Negotiator Takes Hard Line on Upcoming Talks
The European Union reinforced its hard-line approach to the looming Brexit negotiations, threatening to inflame mounting tensions with the U.K. over money and sovereignty even before talks begin. ...
Insurer Investors Stymied by Complex Solvency II Reporting Requirements: Willis Towers Watson
The insurance sector is at risk of being further marginalized by investors because performance reporting has become more complicated as a result of Solvency II, according to a report published ...
OneBeacon to be Acquired by Canada’s Intact Financial for $1.7B
Canada's largest property/casualty insurer, Intact Financial Corp., has agreed to acquire U.S. specialty insurer OneBeacon from White Mountains Insurance Group for US$1.7 billion. The merger will ...