US severe convective storms (SCS) continued to drive global natural catastrophe losses during the first half of 2024. Of the...
Articles by L.S. Howard
Insurance broker Marsh McLennan reported second quarter net income of $1.125 billion, an 8.7% increase from $1.035 billion reported during...
Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025,...
Imagine every email arrives in your inbox with a timer. When tools don’t work together, minutes can be lost on...
Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300...
A majority of global insurers are actively endorsing the application of AI chatbots and generative AI in claims resolution processes,...
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in...
UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to...
Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...
Executive Summary: For a multinational insurance company like Zurich Insurance Group, which can find itself delivering large, complex policies in...
Key emerging risks facing global economies, businesses and the re/insurance industry include the cascading effects of natural disasters, the weakening...