Generali Reports €2.5 Billion H1 Profit Driven by 18% Increase
Assicurazioni Generali SpA's first-half net profit rose 18% to €2.5 billion, reflecting growth across all its business segments.
Assicurazioni Generali SpA's first-half net profit rose 18% to €2.5 billion, reflecting growth across all its business segments.
Everest Group Ltd. will sell its Mexican subsidiary to Fairfax Financial as part of a strategic shift to concentrate on reinsurance.
Swiss Re's first-half net income increased by 9% to $2.8 billion, fueled by strong performance across all business segments.
Chubb has appointed Dave Roberts as president of Westchester, while Dave Lupica assumes the role of executive chairman, ensuring strategic oversight.
A Delaware judge rules that insurers cannot recoup a $50 million settlement paid to NYU after Superstorm Sandy, highlighting issues of policy language.
A recent report reveals significant increases in California's cumulative trauma claims, indicating shifts in workforce dynamics and legal representation.
A federal judge mandates RLI to defend a plumbing contractor in pipe-leak litigation, citing potential coverage for one of three apartment complexes involved.
Record-low river levels are disrupting cargo transport and electricity generation in Europe, with significant shutdowns reported in Hungary and Romania.
Wildfire catastrophe bond sales have topped $5 billion this year, approaching last year's total, driven by increasing fire risks across Europe.
A recent 6.8-magnitude earthquake in Japan could lead to insured losses of $1.4 billion to $2.1 billion, excluding various types of damages.
JPMorgan forecasts a stagnant European reinsurance market, predicting price softness continues into 2027 unless major catastrophic events occur.
A Wisconsin appeals court ruled that workers' compensation covers claims from a deadly plant explosion, blocking civil tort claims against Nationwide Mutual.
Woodland Pulp is under scrutiny after OSHA proposed fines for safety violations linked to worker deaths and hazardous chemical exposure events.
St. Mary’s, Newfoundland and Labrador, begins a $1.21 million cleanup of abandoned fish sauce tanks that have plagued residents for over 20 years.
A Tennessee workers' compensation panel ruled that a Texas insurer must remain involved in a roofing accident claim, citing coverage disputes as key factors.