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The U.S. property/casualty insurance industry saw its combined ratio improve by nearly five points in the 2018 first quarter and net underwriting income grow at a healthy clip, A.M. Best said in a ...
Most carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a new global survey of specialist ...
Liberty Mutual reported an improved 2017 second quarter, with a big jump in net premiums written and net income driven by its $3 billion acquisition of property/casualty specialty insurer Ironshore ...
Sydney-based QBE warns that its Emerging Markets' division has experienced an unexpected surge in claims from January through May due to multiple factors. As a result, this division is expected to ...
U.S. personal auto underwriters increased premium rates "significantly" in 2016. But here's the thing: it wasn't enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry ...
AIG has made good progress toward achieving its strategic goals of creating "a leaner, more focused, highly profitable commercial insurance organization," according to Robert S. Schimek, executive ...
Catastrophe losses climbed 78 percent for Allstate in its 2016 third quarter, a trend that led to a double-digit drop in net income and higher losses for Esurance, its online auto and home insurance ...
It won't take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year ...
The workers' compensation market is healthy and profitable. This year's "State of the Line" report, published by the National Council of Compensation Insurance (NCCI), indicates that the workers' ...
Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average, said first-quarter profit slipped 17 percent as catastrophe costs climbed and investment income dropped on ...
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