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U.S. property/casualty insurers have benefited from significant increases in commercial premium rates for nearly three years. However, recent industry statutory underwriting performance improvement ...
England's second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions, its CEO said on Thursday as it reported a rise in underwriting ...
It turns out that the coronavirus pandemic hasn't adversely affected U.S. personal lines insurance all that much. In the short term, the sector has continued to do well and is poised to produce ...
Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment volatility – but the company still had big reasons to celebrate. For the first ...
In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...
Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since ...
American International Group has continued to face General Insurance underwriting losses since President and CEO Brian Duperreault took the helm of the struggling insurer in mid-2017. He remains ...
Catastrophe losses in Japan and North America pushed American International Group to a net loss of $1.3 billion for the third quarter of 2018 compared to a net loss of $1.7 billion in the prior-year ...
Lloyd's reported 2016 pretax profit of £2.1 billion pounds ($2.6 billion). That's level with 2015, despite a worsening of the market's combined ratio at 97.9 percent, compared with 90.0 percent in ...
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 ...
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