Reinsurance
Trump Tax Cuts, Lower Cat Losses Helped Make Q1 U.S. P/C Results Soar
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
Lloyd’s Platform Likely Can’t Be Used for Iran Insurance; U.S. Sanctions to Blame
New U.S. sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European ...
Fitch Affirms Liberty Mutual’s Financial Strength Ratings but Lowers Outlook
While Fitch affirmed Liberty Mutual Group's financial strength ratings, the news isn't all good: Its ratings outlook got lowered a notch. Liberty Mutual's tough 2017 is largely to blame for the ...
Insurers Should Plow Ahead With Brexit Plans, Despite UK Govt. Instability
Brexit controversies risked breaking British Prime Minister Theresa May's government in recent days. But the uncertainty won't, and shouldn't stop carriers from pursuing their post-Brexit plans to ...
Improvements in Predictive Analytics Help With Early Identification of Workers Comp Reinsurance Claims
The early identification of claims likely to pierce reinsurance retention levels has long been a challenge for primary insurers and reinsurers. The good news is that over the past decade or so, the ...
Unsung Heroes Of The Insurance Industry
When Roger Schmelzer belts out a favorite tune at one of the top cabaret venues in the country, he's not just doing it for pleasure. He's singing his heart out for kids with cancer and to support the ...
Britain’s Finance Industry Attacks Brexit Trading Plans
Britain's finance industry attacked the government on Thursday for ditching its blueprint for trade with the European Union after Brexit, saying this was a blow for Britain's biggest exporter. The ...
‘AXA XL’ to Debut When AXA Group Completes $15.3B XL Group Buy
AXA XL is the new name of the division AXA Group will create with its planned $15.3 billion cash acquisition of XL Group, a deal expected to close sometime in the 2018 second half. The name covers a ...