Personal Lines
Chubb Thrives in Q3 on Higher Premium Revenue
Chubb Corp., the insurer of corporate boards and mega-yachts, said quarterly profit rose 9.8 percent in the company's first increase of the year as premium revenue increased. Third-quarter net income ...
Survey: Analytics Increasingly Informs P/C Homeowners Pricing
Property/casualty insurers are increasingly using analytics as a tool to help with their homeowners' pricing, reflecting a belief that the line could become a bigger growth engine than their auto ...
AIG, Allianz and 7 Other Giant Insurers to Start Reporting Capital Ratios
Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year using a method presented by regulators today. ...
Hurricane Gonzalo Insured Loss Estimates Coming In
No question about it: Hurricane Gonzalo did some big-time damage when it hit Bermuda on Oct. 17. Two catastrophe-modeling firms are already estimating that insured losses will be substantial. EQECAT ...
Average Claims Experience Not Enough to Retain Customers: Accenture
Although a large majority (86 percent) of home and auto insurance customers who have submitted a claim in the past two years are satisfied with how it was handled, 41 percent of those who have ...
P/C Insurers’ Reserve Redundancy to Continue: Moody’s
U.S. property/casualty insurers' reserves will remain moderately redundant through the end of the year, Moody's Investors Service has reported. "We expect moderately redundant reserves based on ...
Travelers CEO Fishman: Q3 Results ‘Just Terrific’
At the start of The Travelers Cos. 2014 third quarter investor call, Chairman and CEO Jay Fishman virtually gushed about the numbers he and his team were about to discuss. "As I am sure you read, the ...
FBI Cautions Foreign Govt. Agents May Have Carried Out Cyber-Attacks
Cyber-attacks on JPMorgan Chase & Co. and 13 other financial companies may have been carried out by hackers from a foreign government moonlighting as criminals, a senior Federal Bureau of ...