SPECIAL REPORT
Jul 25, 2024 07:29 AM (EDT)
With the U.S. homeowner’s insurance segment experiencing its worst underwriting results since at least 2000, a new AM Best report notes that a factor in the insured loss increase is population migration.
Jul 26, 2024 10:14 AM (EDT)
Lower commodity prices have led AM Best to expect further and more significant declines in U.S. crop premium levels for 2024, according to a new Best’s Market Segment Report.
BEST'S CREDIT RATING ACTION
Jul 22, 2024 12:20 PM (EDT)
U.S. life/annuity insurers continued to increase allocations to commercial mortgage loan portfolios in 2023, but problem loans, including those 90 days delinquent, again rose sharply, according to a new AM Best report.
EARNINGS
Jul 24, 2024 01:35 PM (EDT)
Financial lines continue to underperform as Chubb Ltd. saw strong growth in all other markets, particularly in both general and life insurance in Asia-Pacific, said its chief executive officer.
Jul 26, 2024 01:44 PM (EDT)
Aon plc closed on its acquisition of U.S. middle-market broker NFP Corp. and launched a war risk facility for Ukraine among its second-quarter moves, said its chief executive officer.
Jul 25, 2024 05:33 PM (EDT)
Hartford Financial Services Group Inc. posted higher second-quarter profit as commercial lines underwriting income rose while the personal lines underwriting loss improved.
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