Tag: Property and Casualty

Hong Kong P&C Insurers Face Underwriting Pressure After Wang Fuk Court Fire

S&P Global Ratings reports increased underwriting pressure for Hong Kong P&C insurers following the Wang Fuk Court fire. Reinsurance mitigates losses, but risk retention and pricing are under review.

Rate Insurance Ranks #40 on Insurance Journal’s 2025 Top 50 Personal Lines Agencies

Rate Insurance secures #40 spot on Insurance Journal's 2025 Top 50 Personal Lines Agencies list, highlighting its growth and digital innovation in U.S. insurance.

Heritage Insurance Approved for Up to 9.6% Rate Decrease in Florida P&C Policies

Heritage Insurance secures Florida regulatory approval for up to 9.6% rate decreases on property and casualty policies, reflecting market reforms and improved reinsurance conditions.

Munich Re, Swiss Re Lead Latin America P&C Reinsurance Rankings 2025

Munich Re, Swiss Re, and Hannover Re top the Latin America property and casualty reinsurance brand rankings in 2025, according to NMG Consulting's latest study. Discover key market shifts and competitive insights.

Trucordia Expands National Footprint with Acquisition of Global Financial & Insurance Services

Trucordia acquires Global Financial & Insurance Services to enhance national insurance brokerage capabilities and expand risk management and financial services offerings.

Japan's Commercial Insurance Market Tightens Underwriting Amid Hardening Phase

Japan's commercial insurance market experiences a hardening phase with tightened underwriting, rising premiums, and new policy exclusions affecting property and casualty lines. Key insights on pricing trends and market capacity for 2025.

J.D. Power 2025 Study Reveals Gaps in Digital Claims Experience Impacting Customer Retention

The 2025 J.D. Power study finds digital claims management improves satisfaction, but gaps in proactive communication and app use affect customer retention in auto and home insurance.

Wamy Launches AI Platform to Revolutionize Property & Casualty Claims

Wamy launches an AI-driven Claim Intelligence Platform transforming property and casualty insurance claims with advanced automation, evidence analysis, and risk scoring. Designed for carriers and litigation teams to enhance accuracy, speed, and compliance in claims management.

Alden Global Capital Boosts Stake in Florida-Based Insurer HCI Group

Alden Global Capital increases its stake in Florida-based insurer HCI Group amid strong financial growth and competitive valuations in property and casualty insurance sector.

Travelers Companies: Market Performance and Strategic Outlook in P&C Insurance

Explore Travelers Companies' strong market performance and strategic focus on AI and technology investments driving profitable growth in the property and casualty insurance sector.