Casualty

The first half of 2024 brought mixed financial results for PICC Property and Casualty (HKG:2328), a major player in the Hong Kong insurance market. While the company reported a 4.5% year-over-year increase in revenue, reaching CN¥242.4 billion, it experienced a significant decline in net income.

As the first half of 2024 came to a close, the U.S. insurance industry experienced significant signs of surplus recovery, driven primarily by notable gains in capital and improvements in underwriting. Despite looming threats such as natural disasters, cyber risks, and inflation, the industry

Trupanion, a prominent provider of medical insurance for cats and dogs, has strategically expanded its footprint into the European market by launching its signature insurance product in Germany and Switzerland. This venture marks a significant milestone in Trupanion’s efforts to broaden its i

Moody's recent acquisition of Praedicat, a casualty insurance analytics provider, signals a strategic enhancement aimed at fortifying its data and analytics capabilities within the insurance industry. This significant move is part of Moody’s broader strategy to integrate advanced liability m

The world of casualty insurance is facing intense scrutiny as executives grapple with new and evolving challenges. From concerns over reserving amid the soft-market years to the rising phenomena of social inflation and legal-system abuse, the industry is in a state of flux. This article compiles

The insurance industry has seen a notable surge in consolidation, with companies strategically acquiring smaller but well-established agencies to bolster their market positions. A significant recent example is Inszone Insurance Services' acquisition of the Keith Williams Insurance Agency,