How Old Is Average Vehicle on U.S. Roads? July 29, 2015 By Patrick Ralph The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of...
Zurich Insurance Confirms Offer for RSA – if Made – Would Be in Cash July 29, 2015 By Jeffrey Vögeli Zurich Insurance Group AG said any offer for RSA Insurance Group would be in cash. Wednesday’s statement from Zurich means...
RenRe Reports Q2 Net Income of $73.2M, Operating Income of $99.9M July 29, 2015 RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $73.2 million, or $1.59 per diluted common share, in...
Senate Republicans Plan Another Vote to Repeal Obamacare July 29, 2015 By Sahil Kapur Senate Majority Leader Mitch McConnell championed a renewed push to bypass a filibuster and repeal Obamacare with 51 votes on...
SCOR 2nd Quarter Net Income Rises 26% to $168 Million July 29, 2015 By Fabio Benedetti-Valentini SCOR SE, France’s largest reinsurer, said second-quarter profit rose 26 percent as the stronger dollar helped push up premium growth....
Crawford & Co. UK Launches ‘Customer First’ Initiative July 29, 2015 Crawford & Company® UK has announced its first initiative since the acquisition of GAB Robins. Its “Customer First” initiative combines...
QBE Names Fagen as Group Chief Strategy Officer; Plant Is Promoted July 29, 2015 Sydney, Australia-headquartered QBE has appointed Colin Fagen as group chief strategy officer, in a new role “designed to create a...
Geneva Association Study Analyzes Asian Flood Risks, Insurability July 29, 2015 The Geneva Association has released a 47 page report that details the particulars of insuring the risks from floods in...
AXIS Reports Q2 Net Income of $63M, Compared to $191M in Q2 2014 July 29, 2015 AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2015 of $63 million,...
Insurers Warned to ‘Think Before You Snap’ as Florida Drone Privacy Law Takes Flight July 29, 2015 By Amy O'Connor The new Florida drone privacy law could have some unintended consequences for insurers looking to use or insure unmanned aircraft...