Industry News
For CNA, International Insurance Was a Blemish on an Otherwise Solid Q2
For CNA Financial Corp., the 2018 second quarter produced mostly gains: Higher net premiums written in most of its divisions, increased investment returns and still-healthy combined ratios in all but ...
Chubb Advances Post-Brexit Plans for France EU HQ
Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb's customers "with continuous, ...
It’s Time to Face Reality, Berkley Says
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2018. When catastrophes occur, "we have this ability to back the cat losses out. But ironically, the industry doesn't seem to back the ...
Tokio Marine HCC Names Rivera as CEO; Williams Promoted to Role With Parent Company
Tokio Marine HCC appointed a new CEO, choosing as its leader some who only recently joined the insurance holding company in an executive role. Susan Rivera will become chief executive officer as of ...
For AXIS, Trend Continues of Post-Acquisition Positive Financial Results
AXIS Capital Holdings saw its 2018 second quarter behave very much like the first: healthy gains in net income and premiums written. These gains stem mostly from the Bermuda-based insurer and ...
Commercial Lines Propel Hartford’s Q2 Results
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 ...
Technology and Tariffs: Chubb CEO Greenberg Sounds Off
To carriers seeking to modernize and digitize, Chubb CEO Evan Greenberg has this to say: It's all about scale. Greenberg, speaking during the company's 2018 second quarter earnings call on July 26, ...
InsurTech Startup Groundspeed Analytics Raises $30 Million
Insurance technology startup Groundspeed Analytics, armed with $30 million in new venture financing, plans to hire more people and expand its product roster. The Michigan-based company (offices are ...