Policyholders’ surplus rose 17.4% to $1.1 tn by the end of 2024. Contributing factors included $131.4 bn in net income and contributed capital, partially offset by $11.6 bn in unrealized losses, $1.4 ...
A bar chart showing the insurance companies ranked by capital & surplus. Each bar represents a different insurance company or group, with the length of the bar indicating the size of their capital & ...
Top 50 World’s Largest Reinsurance Groups — 2025 is based on global rating agency AM Best data and research. The reinsurance groups ranked by unaffiliated gross reinsurance premiums written. Many of ...
Guidewire confirmed a definitive agreement to buy ProNavigator, the AI-powered knowledge management platform, aiming to fold its insurance-trained intelligence into the broader Guidewire ecosystem.
US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 30% in ...
US Life Insurance Companies to see growth earnings in 2025 while wrestling with the impact of higher interest rates, a dynamic annuities sector and the commercial real estate market’s effect on ...
As the number of connected vehicles grows, so too will in-vehicle services and products, including insurance. As the world is gearing up for a shift to allow environment-friendly electric vehicles to ...
The United Kingdom is positioned as a global leader in the field of insurtech. A flourishing ecosystem of start-ups, investors, and incumbents is working together to drive innovation and growth in the ...
Usage-based insurance with telematics is gaining popularity, many motor insurers are beginning to offer it as an option to customers. Over the past decade, insurers have transitioned from discussion ...
Cyber insurance generally covers business’ liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver’s license ...
When insurance providers tap into the vast repositories of Big Data that is available to them and combine this data with machine learning and AI capabilities, they can develop new policies that can ...
Some experts believe that artificial intelligence (AI) could completely disrupt the insurance industry as we know it. So what does the future hold for insurers? Let’s take a closer look at the impact ...
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