Japan's Sompo Holdings has set itself the target of doubling its 2018 consolidated ordinary profit after catastrophe losses hit its numbers for last year.
The Japanese business boosted its ordinary income for 2017, but increased underwriting expenses brought its ordinary profit down from the previous year.
Global commercial insurance rates have risen slightly during the first quarter of the year, mainly driven by global financial and professional liability business.
The European arm of American International Group took a beating from last year's catastrophes ahead of plans to restructure prior to Brexit.
RMS has responded to the criticisms of risk modellers in the wake of some surprising loss estimates in the aftermath of last year's hurricanes.
RMS’ upcoming wildfire model addresses many of the issues that the California Department of Insurance (CDI) had with risk models in use prior to last year’s devastating blazes.
The aviation market is at a turning point believes AIG’s David Bell, and can hopefully learn lessons from its recent turbulent past to head toward a more profitable future.
Aon Captive & Insurance Management will have a new chief executive from the beginning of June with John English replacing the Artex Risk-bound Peter Mullen.
The re/insurance industry continues to have a tough time modelling cyber risks based on what is a complex ever-changing peril, and dedicated coverage is being shunned by buyers as a result.
In this month's Reactions