65221

Allstate issues first bond managed solely by minority and female-owned companies

Issue comes after push to improve diversity in insurance market this year

65152

Allstate profits rise 27% despite higher catastrophe losses

Cat losses near double to $990m as company hit by storms and wildfires

65114

ERM plays catchup on digital transformation

Digital transformation has long been heralded as a game changer for the insurance business. However, its impact has mostly been confined to insurers' front-end processes - with risk and capital functions proving more challenging to digitalise. Ronan McCaughey explains

64972

Allstate expects minimum $660m Q3 hit from job cuts and interest rates

US insurer's restructuring plan will cut around 8% of its workforce

64656

Hawaiian insurers look on as hurricane Douglas approaches

State Farm Group, Heritage Insurance Holdings Group and Tokio Marine are the main writers for homeowners' multi-peril lines

64592

Travelers warns of $114m Q2 Covid-19 losses

Insurer also expects $400m subrogation wildfire-linked recoveries in Q3

64447

Allstate reports $1bn in cat losses for May and April

Figure nearly half of full year 2019 losses, caused by weather in Texas and Midwest

64291

Allstate hit with $632m cat losses

The losses were for six events, plus unfavourable reserve re-estimates

64206

Allstate profits down 57% on investments in Q1

But P&L underwriting income jumps 92% on fewer drivers in pandemic

64108

Whisper it quietly... many UK motor insurers are offering Covid-19 refunds

US motor insurers have caught the headlines with multi-million-dollar rebates to customers. Their UK counterparts seem to be in the slow lane, but under the bonnet they are taking action, as Ronan McCaughey explains