Insurer Hiscox Ltd plans to return $305.3 million to investors after Superstorm Sandy failed to derail a bumper year of growth in its global underwriting business.
Insurer Hiscox Ltd plans to return $305.3 million to investors after Superstorm Sandy failed to derail a bumper year of growth in its global underwriting business.
Fewif anyindustries would seem to face a greater existential threat from the effects of climate change than insurance. As flood waters rise, as hurricanes and tornadoes grow more intense and as droughts last longer, trillions of dollars of insured assets are at risk. In the ugliest scenario imaginable, even the...
Among the common themes that arose in PC360-NUs interviews with C-suite leaders: Growth will be a major challenge, but opportunities for expansion exist in Latin America and Cyber.
Among the common themes that arose in PC360-NUs interviews with C-suite leaders from AIG, Travelers, and Zurich: Growth will be a major challenge, but opportunities for expansion exist in Latin America, Specialty lines and Cyber.
While a continuing weak recovery is expected for G-20 economies, property and casualty insurers are expected to withstand the challenging environment well since their product offerings, particularly in personal lines, are mandatory for buyers, says Moodys Investors Service.
Verisk's Property Claim Services (PCS) unit has increased its insured-loss estimate from Superstorm Sandy to $18.75 billion, with a large majority of losses felt in New York and New Jersey.
CEOs from leading P&C and Life insurance carriers gathered in New York City on Dec. 6-7 to headline the 23rd Annual Executive Conference, hosted by Ernst & Young and Summit Business Media (PC360-NUs parent company). Attendees took advantage of the opportunity to meet their peers and discuss the state of...
With the New Year upon us, PC360-NU spoke with top brokerages, carrier executives, agency associations and Main Street agents in local markets to discover where the greatest challenges and opportunities for producers lie in 2013.