Industry News
Hannover Re Soars Toward a Possible $1B Profit for 2016
German reinsurer Hannover Re could make a net profit of 1 billion euros ($1.1 billion) this year while the dividend payout is likely to be in line with last year, the firm's chief financial officer ...
Allianz’s PIMCO Starts Rebound as Insurer Surpasses Q3 Forecasts
Europe's largest insurer Allianz signaled it might return cash to shareholders after reporting forecast-beating quarterly earnings on Friday and the first positive flows into U.S. bond fund manager ...
Will GoFundMe Disrupt the Insurance Industry?
Insurers eyeing disruption from the newest cohort of peer-to-peer insurers, including names like Lemonade and Friendsurance, may have be overlooking the biggest potential disrupters of them ...
Nationwide, GEICO Disclose Continuation of Military Veteran Hiring Programs
Nationwide and GEICO are reaffirming their support and resources for plans to hire more U.S. military veterans in various roles. Nationwide plans to hire at least another 1,000 additional military ...
Generali’s Asset Management Unit Helped Support Q3 Performance
Assicurazioni Generali, Italy's biggest insurer, said on Thursday its operating profits were down 5.6 percent so far this year but despite low interest rates the performance had improved in the third ...
The Latest Launches From Chubb, Tokio Marine and Kinsale
Chubb has introduced a new liability coverage suite to protect family offices and trusts in Canada. Tokio Marine and Nichido Fire Insurance is working with Pitney Bowes on interactive video ...
SCOR Anticipates Full India Launch
SCOR is on the verge of launching full operations in India. Regulators there granted SCOR permission to open a composite branch office in India to conduct P/C and life reinsurance business. SCOR will ...
Property/Casualty Insurance Industry Ready to Work With Trump
Groups representing the U.S. property/casualty industry say they expect a soon-to-be President Donald Trump and Republican Congress will be receptive to their agenda in the months ahead. The Property ...