Brazil’s BB Seguridade Posts 86.6% Rise in Q2 Net Profit August 9, 2022 By Gabriel Araujo Brazilian insurer BB Seguridade Participacoes SA on Monday increased its full-year outlook, citing higher-than-expected growth in written premiums as it...
Safety Insurance Cites Q2 Combined Ratio, COVID Claim Court Win August 4, 2022 By Andrew G. Simpson Boston-based Safety Insurance touted a combined ratio of 92.1 and a win in a COVID-19 business interruption court case as...
Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments August 3, 2022 By Carolyn Cohn Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its...
French Insurer AXA Posts 3% Rise in H1 Net Profit August 3, 2022 By Matthieu Protard French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving...
UK Motor Insurer Direct Line to Raise Premiums After H1 Profit Hit August 2, 2022 By Carolyn Cohn British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the...
Generali Beats Forecasts With H1 Net Profit of $1.4 Billion August 2, 2022 By Gianluca Semeraro Italy’s top insurer Assicurazioni Generali said on Tuesday it would increase prices to keep up with rising costs, and maintained...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth July 22, 2022 Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility,...
Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth July 22, 2022 Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit...
Global Re/insurers See Average Premium Increases of 11% in 1st Quarter: Gallagher Re May 31, 2022 Premium growth during the first quarter saw an average increase of 11%, which was supported by continued favorable pricing for...