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Archive
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