Best’s News | Insurance Industry Headlines from AM Best
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Swiss Re Economist: Brexit Joins Interest Rates, Slow Economy as Top Concerns for Insurers
The uncertainty about the effect of the United Kingdom vote to leave the European Union joins low interest rates and slow economic growth as the top issues facing the global insurance industry,
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Non-weather-related water damage is the second-leading cause of homeowners claims. New tech tools are helping to drive down those losses.
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A.M. BestTV A.M. BestTV: Insurers Set for Frenzied Activity Ahead of New Reporting Standard: In this A.M.BestTV episode, attendees at the 11th Annual Asian Insurance CFO Summit in Hong Kong said Inter...
News.ambest.com news digest
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4 years
AIG to Spin Off Life and Retirement Business, Names New CEO
American International Group Inc. said it intends to separate its life and retirement business. At the same time, the company announced a change in top leadership and estimated third-quarter ...
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4 years
Cincinnati Financial’s Third-Quarter Net Income Rises on Securities
Despite catastrophe losses, Cincinnati Financial Corp. nearly doubled its third-quarter net income after the insurer recognized a large increase in the fair value of equity securities.Net income ...
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4 years
Norsk Hydro Recovers $20.8 Million From Insurers Following Major Cyberattack
Norsk Hydro Extruded Solutions recouped 192 million Norwegian krone ($20.8 million) in the third quarter from cyber-insurance claims filed for a cyberattack last year.Hydro said it incurred an ...
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4 years
Eyeing Amazon, Washington Proposes Workers’ Comp Class for Fulfillment Centers
Washington state’s workplace safety regulator is proposing a new workers’ compensation category directed at Amazon that would hit the retail giant in the wallet.The state Department of Labor and ...
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Updated: | August 23, 2023 |
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Created: | April 30, 1995 |
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