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With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has "plenty ...
It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...
Markel Corp. disclosed that U.S. and Bermuda regulators are inquiring about loss reserves from one of its divisions. The Virginia-based specialty insurer said that it was initially contacted on Nov. ...
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
AmTrust Financial Services inked a reinsurance agreement with Premia Reinsurance Ltd. The cover addresses loss reserve development up to $400 million over the company's stated reserves of $6.59 ...
Loss reserves for the U.S. property/casualty industry are still adequate, but the fat was trimmed down to roughly 2 percent of overall carried reserves for year-end 2015, an analyst reported last ...
A new report from Guy Carpenter & Co. identifies cyber, technology, longevity and casualty catastrophe as key areas of emerging risk for the (re)insurance industry and discusses the importance of ...
In a Credit Outlook report published earlier this week, an analyst from Moody's Investors Service described an updated accounting standard related to property/casualty insurance loss reserves as a ...
Net income for U.S. property/casualty insurers totaled $55.5 billion after taxes last year, coming as little surprise to experts who had forecast a $50-billion-plus result early this year. In early ...
Best practices and due diligence suggest that property/casualty insurance company boards of directors, often via their audit committees, should annually interview the actuary who delivers the ...
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