Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
loss reserves News
Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied...
Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have...
Markel Corp. is facing is class action shareholder lawsuit over reserve statements by its investment management unit that are being...
On Friday Dec .7, Markel Corp. said it was fully cooperating with inquiries by U.S. and Bermuda authorities into loss...
Willis Towers Watson has launched a new version of its loss-reserving software, ResQ. ResQ 4.1 provides property and casualty (P/C)...
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
Last Friday, A.M. Best Co. downgraded the financial strength rating (FSR) to B (Fair) from B++ (Good) of the pooled...