If Hurricane Ian would have made landfall in Florida, say, six months ago, the costs of reconstruction could have been...
inflation News
Lyft Inc. is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs,...
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters...
European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain...
Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs...
The majority of US pandemic-era inflation came from a surge in demand, but supply-chain constraints stoked it further, Federal Reserve...
Rising inflation in Europe, which jumped to 8.9% in July 2022, the highest in 25 years, will hurt the profitability...
Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined...