US auto insurers face difficult road to return to profitability

Fitch says there has been a sharp deterioration in the sector's performance in last two years


Allstate: transparency is vital to achieve 2030 net-zero target

Sustainability director Karen Jarmoc said the US insurer is to finalise a climate strategy in Q1


Chubb, RenaissanceRe and Axa reveal hurricane Ian losses

Catastrophe risk modellers have predicted insured losses as high as $74bn from the hurricane


US made up nearly two-thirds of global cat losses in H1

Insured losses of $19bn with above-average storm season due in second half


Allstate cat losses top $1bn in Q2

Soaring inflation leading to higher reserve re-estimates in Q2


Private equity giant Blackstone finds "no reason" to put insurers on balance sheet

Chief operating officer Jonathan Gray says firm is happier as an asset manager


Allstate aggressively raising auto rates as inflation bites

Higher car prices and social inflation hit combined ratio


Allstate loses 70% of net income in Q4

Lower auto insurance underwriting and inflation were key drivers