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Allstate Announces January 2024 Catastrophe Losses and Implemented Rates

The Allstate Corporation announced estimated catastrophe losses for the month of January of $276 million or $218 million, after-tax. Estimated January catastrophe…

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%,…

Beazley expands focus on cyber security services with creation of Beazley Security

Beazley, the leading specialty insurer, has today announced the merger of its in house Cyber Services team with its wholly…

Swiss Re increases net income to USD 3.2 billion and delivers a 22% ROE for 2023

Property & Casualty Reinsurance (P&C Re) net income of USD 1.9 billion; combined ratio of 94.8%1 Life & Health Reinsurance (L&H Re)…

Talanx Group generates record profit of EUR 1,581 million in financial year 2023

Group net income of EUR 1,581 million expected, clearly surpassing the original forecast – 2024 Group net income target of…

AIG Reports Excellent Fourth Quarter and Full Year 2023 Results

American International Group, Inc. reported financial results for the fourth quarter and full year ended December 31, 2023. AIG Chairman…
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