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Insurers could see over $1.5 billion in losses stemming from no fewer than four separate stretches of winter weather in the U.S. in January, Aon Benfield says in its monthly wrap-up of global catastrophes.
Germany's Hannover Re stuck by its aim of earning around $1.15 billion in net profit this year after securing acceptable margins on reinsurance contracts it renewed with insurance companies in January.
Insurer and reinsurer Beazley Plc reported a 25% jump in full-year profit and said it expects premiums written to grow in the mid-single digits in 2014.
Insurer and reinsurer Beazley Plc reported a 25% jump in full-year profit and said it expects premiums written to grow in the mid-single digits in 2014.
If the Target security breach proves anything, its this: No one is safe from identity theft scammers. Its a perfect time for brokers to position themselves as identity-theft experts.
If the Target security breach proves anything, its this: No one is safe from identity theft scammers. Its a perfect time for brokers to position themselves as identity-theft experts.
Allstate Corp aims to grow its share of the U.S. home and auto insurance markets without the need for "abnormally large" rate increases, its CEO said, after the company's profit more than doubled in the fourth quarter.
Allstate Corp aims to grow its share of the U.S. home and auto insurance markets without the need for "abnormally large" rate increases, its CEO said, after the company's profit more than doubled in the fourth quarter.
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