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Zurich Insurance's reported 2018 net income after tax of $3.72 billion, a 24 percent jump from $3.0 billion it reported in 2017 – primarily driven by growth in its life business and improved ...
QBE Insurance has spent the last few years restructuring its business while at the same time weaving the fabric of a global organization with a strong, cohesive culture. A good corporate culture ...
The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the ...
Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of those flood losses will be uninsured, according to RMS. "The ...
ArgoGlobal Assicurazioni S.p.A, a subsidiary of specialty re/insurer Argo Group International Holdings Ltd., is working with InsurTech startup Axieme to provide on-demand, pay-as-you-go insurance for ...
Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to $595 billion from $605 billion in 2017, remaining resilient in the face of insured natural ...
Liberty Mutual has once again directly tapped capital markets' reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd. Limestone Re provides approximately $150 ...
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government's development finance institution, which furthers the ...
This article is part of Carrier Management's Cultural Q&A series featured in the Nov/Dec 2018 print edition. Q: Do you spend more time on culture or strategy? Pat Regan, Group CEO, QBE Insurance: ...
French reinsurer SCOR forced one of its board members — Thierry Derez, the CEO of Covéa — to resign this week. It was the culmination of a boardroom squabble that began in September when SCOR ...
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