He has more than 300 surgical procedures under his belt from his time as a neurosurgeon. Simon Zhang (in the photo) has been named chief […]
Category: Insurance
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Gallagher Announces Strong Full Year 2023 Financial Results
Compared to the prior period, there was a discernible uptick in risk management. The financial figures for the quarter and full year ending December 31, […]
Travelers Surpasses Expectations with Strong Earnings Performance
Robust underwriting gains and decreased catastrophic losses contributed to strong profitability. According to TD Cowen’s analysis, Travellers Companies’ quarterly results were better than expected. Reasons […]
Allianz Trade Warns: Red Sea Attacks Fueling Inflationary Pressures
The insurer states that the crisis is not now a significant source of worry. According to Allianz Trade, the recent assaults by the Houthi group […]
Allstate Makes Decision to Stop Non-English Insurance Sales in Colorado
The insurer has issued a memorandum to agents in response to the newly implemented language translation criteria. Since lawmakers in Colorado approved a statute requiring […]
Gallagher Re Bolsters Team with Appointment of New COO
The North American COO assumes worldwide responsibilities. Gallagher Re, a global reinsurance broker, has promoted Mark Hansen to chief operating officer. Hansen, who will be […]
NCOIL Announces New Officers, Emphasizing Majority Diversity in Leadership
From 25 different states, 347 people attended the annual national gathering. At its 2023 Annual National Meeting in Columbus, Ohio, the National Council of Insurance […]
HCI Group’s Subsidiary Takes On 53,000+ Policies from Citizens
The CEO declared that policyholders were given renewal at a “competitively priced” rate. HCI Group, based in Florida, has taken over around 53,000 policies from […]
W.R. Berkley Appoints New President to Lead Technology Underwriting Division
His experience in the P&C industry spans nearly two decades. Berkley Technology Underwriters is a division of W. R. Berkley, and the company recently announced […]
Insurance premium rates have remained stable despite experiencing 24 consecutive quarters of increases.
What drove the variations in growth rates across market sub-segments? According to Marsh’s most recent Global Insurance Market Index, commercial insurance premiums around the world […]