Q3 Archives - Carrier Management

Global Insurers Will Seek Rate Hikes After Historic, Catastrophic Q3

Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly quarter on record. Hurricanes Irma and Maria alone caused as much as $135 billion in ...

Expect an Historic Q3 in Terms of Natural Disaster Costs: Impact Forecasting

As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from Aon Benfield's Impact ...

Zurich Insurance’s Reunderwriting Starts to Bear Fruit

Zurich Insurance Group's reunderwriting program is starting to bear fruit—as evidenced by the company's improved third-quarter results—but CFO George Quinn readily admits there is still work to ...

Allstate Sees Double-Digit Profit Drop Due to Auto Policy Slowdown

Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile-coverage business. Net ...

Q3 Property Cat Bond Issuance Hit $700M: Verisk

Nearly $700 million in property cat bond issuance took place during Q3 2015, a number considered relatively light compared to past years, noted a new report from the Property Claim Services unit of ...