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The Insurance Market Is Flirting With Natural Disasters
The Wall Street Journal· 8 hours agoInvestors do have some reasons to be confident...also predicted a “hyper-active” storm season. This...
Kinsale or Axis Capital: Which is a Better-Positioned Stock?
Zacks via Yahoo Finance· 5 hours agoinsurance rates rose 1% in the first quarter of 2024, per Marsh Global Insurance Market Index. Price...
Universal Says it Completed Reinsurance Program with only a Slight Bump in Cost
Insurance Journal· 4 hours ago“For this renewal, we approached the market with considerably more private market catastrophe...
5 Property & Casualty Insurers to Watch Despite High Catastrophe Loss
Zacks via Yahoo Finance· 4 days agoFrequent catastrophes resulting in an accelerated policy renewal rate and upward pricing pressure...
Selective Insurance (SIGI) Up 0.1% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 3 days agoInsurance Q1 Earnings Miss, Premiums Rise Y/Y Selective Insurance Group, Inc. reported first-quarter...
After First Net Loss Since 1923, USAA Back to Profit in 2023
Insurance Journal· 5 hours agoUSAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the...
Will Generative AI Banish The Spreadsheet From Insurance Underwriting?
Forbes· 14 hours agoThe age-old insurance underwriting model worked well for a traditional environment of slower and...
Financial Services Roundup: Market Talk
The Wall Street Journal· 2 hours agoThe German reinsurer is well placed to be resilient into the active catastrophe season, its already restored reserve buffers could be boosted an extra...
Kansas Storm Claims Total $442 Million for 2023
Insurance Journal· 5 hours agoKansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of insurance, 147,710 claims...
5 P&C Insurers to Buy Despite an Active Hurricane Season
Zacks via Yahoo Finance· 6 days agoBetter pricing, prudent underwriting, increased exposure, favorable reserve development and a solid...