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, […]
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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 […]
Fifth Edition of Zurich Innovation Championship Makes a Comeback.
Develop the largest open innovation competition for startups in the sector. The Zurich Innovation Championship, organised by Zurich Insurance Group, is returning for its fifth […]
Revealed: US Regions Most Prone to Lightning Strikes Unveiled in Study
The report documented almost 2.1 billion lightning occurrences globally in 2023. According to a recent research from weather data supplier Vaisala, five metropolitan regions in […]
Beazley Successfully Closes $140 Million Cyber Catastrophe Bond Offering
This represents the company’s initial foray into the 144A bond market. Beazley, a specialist insurer, has effectively concluded its inaugural 144A cyber disaster bond, obtaining […]
Gallagher Files Lawsuit, Accuses Former Employees of Being ‘Double Agents
Arthur J. Gallagher & Co. filed a lawsuit on Thursday against two former employees, alleging that they acted as “double agents” for another brokerage that […]
NJM Insurance Group’s Generosity: $100,000 Donation to Hunger Relief Causes
Organizations in the Mid-Atlantic region will experience advantages. NJM Insurance Group, a provider of insurance for property and casualty, has declared a donation of $100,000 […]
“Market Insights: Consumer Spending on New Cars Uncovered”
Insurance consequences exist. The projection issued by J.D. Power and GlobalData indicates that consumers expended approximately $578 billion on new vehicles in 2023. “The December […]
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 […]