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According to our analysis of loss reserves published in mid-March, the year 2020 marked the 15th straight year that the U.S. property/casualty industry's loss reserves developed favorably—by about ...
Commercial auto insurance is on the road to "modest improvement" for 2021, thanks to both rising rates and a pandemic-related reduction in driving, according to a new Fitch Ratings report. Fitch said ...
Insurers face multibillion-dollar losses from U.S. hailstorms during April, according to Aon's Global Catastrophe Recap report, which each month analyzes the impact of natural disaster events ...
Because of job losses and shrinking payrolls during the pandemic recession, the workers compensation industry's net written premium dropped 10 percent to $42 billion in 2020. However, private ...
Covid-19 may drive market corrections and insolvencies that could impact financial institutions' balance sheets, increase exposures for directors and result in litigation. However, financial ...
Global P/C insurance M&A activity was "surprisingly rigorous" in 2020 despite significant challenges created by the coronavirus pandemic, Conning said. Conning tracked $28.6 billion in ...
Global commercial insurance pricing continued its double-digit growth in the 2021 first quarter, but the rate of increase dipped for the first time since late 2017, Marsh found in its latest market ...
Nearly half of auto insurance customers have shopped around for new policies during the coronavirus pandemic, but few cared about specific brands, according to the J.D. Power 2021 U.S. Insurance ...
Record premiums haven't been enough to reverse U.S. D&O insurers' underwriting losses, and the sector will still lose money in the near term as a result, Fitch Ratings said. Premium growth for ...
Business travelers are itching to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions, according to a new global survey ...
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