Homeowners insurance costs have surged since the pandemic due to several factors: General inflation Replacement-cost inflation from supply-chain issues and labor shortages Losses from natural ...

Discover the Top Global Insurance Media Ranking based on traffic, influence, content quality, SEO performance, and industry relevance ...

US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 16% in ...

The Bloomberg Billionaires Index ranks the richest people globally, updating their net worth daily based on stock market performance, economic conditions ...

The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...

Duck Creek Technologies, a insurtech provider of software for property and casualty (P&C) and general insurance, has expanded its senior global leadership team with three industry veterans to drive ...

Hannover Re reported a group net income of €480 mn for Q1 2025, down 13.9% year-on-year, driven by large losses in its property and casualty reinsurance segment. Total large losses reached €765 mn, ...

The ratings of French insurers are unaffected by the recent revision of the Outlook on France to Negative, Fitch Ratings says, with the exception of CNP Assurances SA (Insurer Financial Strength ...

The unpredictability of such events may also lead insurers to withdraw from high-risk areas. Low awareness of risks and reliance on government disaster aid further suppress insurance adoption among ...

NSM Insurance Group, a global specialty insurance provider, has agreed to sell its U.S. commercial insurance division to New Mountain Capital, an investment firm managing over $55 bn in assets. The ...

Allianz SE has announced strong financial results for the third quarter of 2024, with a 13.6% increase in operating profit, reaching €3.9 bn. The impressive performance is largely attributed to the ...

Swiss Re will sell iptiQ’s European Property & Casualty (P&C) business to Allianz Direct, aligning with its strategic exit from iptiQ. This transaction, which covers iptiQ EMEA P&C S.A., a ...