SPECIAL REPORT
Apr 18, 2024 12:01 AM (EDT)
AM Best expects the recent extreme weather that caused severe flash flooding in the United Arab Emirates to prompt swathes of claims for motor, property and business interruption insurers in the region.
Apr 17, 2024 08:03 AM (EDT)
Total GAAP revenue of publicly traded U.S. life/annuity companies rose year over year by 2.3% in 2023 to $287.2 billion, aided by 20% growth in investment income.
Apr 22, 2024 07:32 AM (EDT)
AM Best is revising its outlook on the London market insurance segment to positive from stable in its new Best’s Market Segment Report, “Market Segment Outlook: London Market Insurance."
Apr 16, 2024 07:38 AM (EDT)
Moving past the COVID-19 era economic fallout has given rise to indications of worsening reserve risk as insurers report financial results for fourth quarter and full-year 2023, according to a new AM Best report.
EARNINGS
Apr 12, 2024 01:25 PM (EDT)
Progressive Corp. net income climbed more than fivefold to $2.33 billion in the first quarter as its combined ratio improved 12.9 points to 86.1.
Apr 18, 2024 02:51 PM (EDT)
Marsh McLennan sees strong growth opportunities amid a year of economic and geopolitical uncertainty that is raising the price of risk, according to its chief executive officer.
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