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The Australian nonlife insurance industry posted a 31% growth in net profit for the 12 months to September 2016, driven by lower claims during the pe
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Recent earthquakes in New Zealand’s North Canterbury region have triggered a freeze on new home insurance coverage as insurers seek to minimize losse
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Union Life Insurance Co. Ltd. has gained regulatory approval to invest in Union Fund Management Co. Ltd., and will own a 95.5% stake, according to a
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A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Lloyd’s Syndicate 510 (United
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A trip to the emergency room can be traumatic enough, but researchers warn that many insured patients may be in for another shock when the medical bi
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Rather than replacing Solvency II entirely when the UK leaves the European Union, regulators need to refine EU’s insurance regulation to make i
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XL Catlin has appointed Barry G. Huber as its global practice leader for political risk and trade credit claims. This move comes as the firm works to
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A member of the board that oversees New York City’s transit agency has asked it to give more thought to adding safety barriers on subway platfo
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