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Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said. After falling ...
Ratings agency Moody's Corp and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global ...
The current pricing environment for property/casualty insurers is "modestly positive," with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property ...
U.S. insurers are bracing for what could be $20 billion in losses as Hurricane Florence barrels toward the Carolinas and Virginia, bringing punishing rains and potentially deadly flooding. Hurricane ...
The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies and will boost profitability for many of these firms, particularly those that have been paying high effective ...
Coastal communities from Maine to California have been put on notice from one of the top credit rating agencies: Start preparing for climate change or risk losing access to cheap credit. In a report ...
The risk that the UK will tumble out of the European Union in two years without a Brexit deal is "substantial," Moody's Investors Service said. Such an outcome would affect everything from banks to ...
Arch Capital Group's recently concluded $3.4 billion purchase of American International Group's mortgage guaranty unit spurred both cautious and negative reactions from Moody's Investors Service and ...
Arch Capital Group Ltd.'s decision to buy American International Group's mortgage guaranty unit for $3.4 billion drew a mixed response from Standard & Poor's, Fitch Ratings, Moody's and A.M. ...
While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe losses in Canadian history, property insurers are resilient, according to ...
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