EARNINGS
Apr 24, 2024 01:53 PM (EDT)
Property/casualty rate increases continue to boosts the worldwide market but financial lines remain weak as social inflation weighs on the segment, said Chubb Ltd.'s chief executive officer.
SPECIAL REPORT
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 26, 2024 09:07 AM (EDT)
Publicly traded U.S. health insurance companies saw another year of growth, as total GAAP revenue rose in 2023 by 10.4% to $1.07 trillion. However, according to a new AM Best report, future results may be pressured.
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 29, 2024 08:20 AM (EDT)
AM Best has revised its market segment outlook on the United Kingdom’s non-life insurance segment to stable from negative in its new Best’s Market Segment Report, “Market Segment Outlook: UK Non-Life Insurance”.
Apr 26, 2024 02:05 PM (EDT)
Aon plc's chief executive officer said the group gained a significant advantage in the middle market and a strong mergers and acquisitions pipeline as it closed on its $13 billion acquisition of NFP Corp. earlier than expected.
CRIME
Apr 24, 2024 02:04 PM (EDT)
Citizens Property Insurance Corp. suffered a data breach when a cyber actor hacked a system earlier in the year. It refused to pay any ransom to the attackers, consistent with recent FBI advisories, the company said.
Apr 25, 2024 05:09 PM (EDT)
Hartford Financial Services Group Inc. posted higher first-quarter net income on commercial lines gains and elevated investment income. First-quarter net income available to common stockholders rose to $748 million.
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