Tag: property and casualty

Hong Kong P&C Insurance Sector Faces Strain from Tai Po Fire and Weather Claims

Hong Kong's P&C insurance sector faces increased underwriting strain with higher combined ratios due to the Tai Po fire and ongoing weather-related claims. Reinsurance will absorb much of the impact amid competitive premium pressures.

Q3 Earnings Show Mixed Results for U.S. Property & Casualty Insurers

Q3 2024 earnings reveal mixed performance among U.S. property & casualty insurers with notable growth in tech-enabled firms like Lemonade and Root, contrasted by declines at Selective Insurance. Market conditions and Fed monetary policy shape sector outlook.

Majesco Quadruples AI Investment for Enhanced P&C Insurance Platform in 2026

Majesco to quadruple AI investment in 2026, accelerating the development of an AI-native SaaS platform for property/casualty insurance, enhancing speed, scalability, and operational efficiency.

Kinsale's Rapid Growth Among Specialty Property & Casualty Insurers

Kinsale stands out in the property and casualty insurance sector for its rapid growth as a specialty insurer, attracting investor attention and distinguishing itself among industry peers.

New York Senate Examines Rising Home Insurance Costs and Market Stability

New York Senate hearing highlights rising homeowners insurance premiums driven by inflation, natural disasters, and market challenges. Regulatory efforts focus on affordability and policy stability.

Patriot Growth Expands National Network with Morse Insurance Partnership

Patriot Growth Insurance Services strengthens its national network through a strategic partnership with Morse Insurance Agency, enhancing operational support while maintaining local service models.

2026 Energy Sector Insurance: Divergent Property and Casualty Market Trends

Explore 2026 trends in the U.S. energy insurance market revealing softened property lines and constrained casualty markets shaping coverage and risk strategies.

Bolt Launches VTRO Homeowners Insurance with Smart Water Sensors in California

Bolt unveils VTROSM, a technologically advanced homeowners insurance solution with smart water sensors, addressing California's significant coverage gap and reducing preventable losses.

SCOR SE Reports Improved Q3 2025 Results Driven by Disciplined Underwriting

SCOR SE improves Q3 2025 performance with disciplined underwriting and low catastrophe losses, driving stronger combined ratio and stable investment returns.

The Hartford Reports Strong Q3 2025 Earnings with Growth in P&C and Cyber Insurance

The Hartford posts solid Q3 2025 financial results with 41% net income growth, strong property & casualty and business insurance performance, and enhanced cyber coverage for small businesses.