Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplanes black box to track how and where you drive.
Zurich Insurance Group AG, Switzerlands biggest insurer, surged after saying it will distribute more than $3.5 billion in cash this year and operating profit climbed.
Swiss Re slumped in Zurich trading after reporting second-quarter profit that missed analysts estimates, amid a decline in earnings from life and health insurance.
Swiss Re slumped in Zurich trading after reporting second-quarter profit that missed analysts estimates, amid a decline in earnings from life and health insurance.
Reinsurance prices declined on policies renewed for July 1 amid low losses and as record levels of catastrophe bonds drove an oversupply of capital, according to Guy Carpenter.
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"articles": [
{
"uri": "/2014/12/02/usage-based-auto-insurance-to-become-market-standard/",
"title": "Usage-based auto insurance to become 'market standard'",
"byline": "Elisabeth Behrmann, Carolyn Bandel, Bloomberg, Fabio Benedetti-Valentini",
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"prettyDate": "December 02, 2014",
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"summary": "Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplanes black box to track how and where you drive.",
"body": null
},
{
"uri": "/2014/11/07/swiss-re-may-use-excess-capital-to-fund-fresh-spec/",
"title": "Swiss Re may use excess capital to fund fresh special dividend",
"byline": "Carolyn Bandel, Bloomberg",
"kicker": "News",
"prettyDate": "November 07, 2014",
"timeToRead": "2 minute",
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"summary": "Swiss Re AG has enough excess capital to consider paying another special dividend, Chief Financial Officer David Cole said in an interview.",
"body": null
},
{
"uri": "/2014/11/06/zurich-cuts-jobs-and-sells-under-performing-business-after-missing-estimates/",
"title": "Zurich cuts jobs and sells under-performing business after missing estimates",
"byline": "Carolyn Bandel, Bloomberg",
"kicker": "News",
"prettyDate": "November 06, 2014",
"timeToRead": "3 minute",
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"summary": "Zurich reported third-quarter profit that missed analysts estimates as income from general insurance fell while taxes rose.",
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},
{
"uri": "/2014/11/06/swiss-re-profit-drops-11-in-third-quarter/",
"title": "Swiss Re profit drops 11% in third quarter",
"byline": " Carolyn Bandel, Bloomberg ",
"kicker": "News",
"prettyDate": "November 06, 2014",
"timeToRead": "1 minute",
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"summary": "Swiss Re AG may say third-quarter profit dropped 11% after lower reserve releases.",
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},
{
"uri": "/2014/11/06/swiss-re-profit-drops-11-in-third-quarter/",
"title": "Swiss Re profit drops 11% in third quarter",
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"summary": "Swiss Re AG may say third-quarter profit dropped 11% after lower reserve releases.",
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},
{
"uri": "/2014/09/03/reinsurance-market-is-worst-in-memory-execs-say-an/",
"title": "Reinsurance market is worst in memory, execs say, and it's set to continue",
"byline": " Oliver Suess, Bloomberg, Carolyn Bandel, Bloomberg ",
"kicker": "News",
"prettyDate": "September 03, 2014",
"timeToRead": "5 minute",
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"summary": "The worst reinsurance market in memory looks set to carry into 2015, industry executives said.",
"body": null
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{
"uri": "/2014/08/07/zurich-insurance-rises-most-since-2011-on-3-5b-cas/",
"title": "Zurich Insurance rises most since 2011 on $3.5B cash haul",
"byline": "Carolyn Bandel, Bloomberg",
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"prettyDate": "August 07, 2014",
"timeToRead": "3 minute",
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"summary": "Zurich Insurance Group AG, Switzerlands biggest insurer, surged after saying it will distribute more than $3.5 billion in cash this year and operating profit climbed.",
"body": null
},
{
"uri": "/2014/08/06/swiss-re-q2-profit-falls-despite-pc-business-gain/",
"title": "Swiss Re Q2 profit falls despite P&C business gain",
"byline": "Carolyn Bandel, Bloomberg",
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"prettyDate": "August 06, 2014",
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"summary": "Swiss Re slumped in Zurich trading after reporting second-quarter profit that missed analysts estimates, amid a decline in earnings from life and health insurance.",
"body": null
},
{
"uri": "/2014/08/06/swiss-re-q2-profit-falls-despite-pc-business-gain/",
"title": "Swiss Re Q2 profit falls despite P&C business gain",
"byline": " Carolyn Bandel, Bloomberg ",
"kicker": "News",
"prettyDate": "August 06, 2014",
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"summary": "Swiss Re slumped in Zurich trading after reporting second-quarter profit that missed analysts estimates, amid a decline in earnings from life and health insurance.",
"body": null
},
{
"uri": "/2014/07/08/guy-carpenter-says-reinsurance-prices-squeezed-by/",
"title": "Guy Carpenter says reinsurance prices squeezed by oversupply",
"byline": " Carolyn Bandel, Bloomberg ",
"kicker": "News",
"prettyDate": "July 08, 2014",
"timeToRead": "2 minute",
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"summary": "Reinsurance prices declined on policies renewed for July 1 amid low losses and as record levels of catastrophe bonds drove an oversupply of capital, according to Guy Carpenter.",
"body": null
}
]
}
}
