Investment returns and underwriting discipline anchor Beazley’s Q1 results

[ad_1] Deal expands niche market capabilities [ad_2] Source link

[ad_1] Alpay and Kickham bring more than 25 years of experience in HVH, flood underwriting, and broader property catastrophe risks. Motion Specialty will draw on Inigo’s underwriting and modeling capabilities, while Johnson & Johnson will support regulatory, licensing, and operational needs. [ad_2] Source link

[ad_1] • Number of Claims Settled: 9,22,207 •Amount of Claims Settled: ₹19,327.63 crore •Claim Settlement Ratio: 98.52% •Repudiation Ratio: 0.87% •Pending Claims Ratio: 0.08% •Analysis: LIC continues to dominate the life insurance market with the highest number of claims settled and a substantial amount of payouts. Its high claim settlement ratio, coupled with a low…

[ad_1] The U.S. apparel market is expected to grow to $298.37 billion by 2029, so it’s easy to see why opening a clothing boutique is such an appealing and creatively fulfilling venture. But amid all the planning, design, and inventory decisions, one thing that shouldn’t fall off your to-do list is insurance. From signing your…

[ad_1] “The litigation environment for large companies in the US is increasingly hostile, and business as usual is not the answer,” said John Keogh, president and chief operating officer of Chubb Group. “This initiative, between three of the largest, most experienced insurers in the large account market, is our effort to bring a new approach…

[ad_1] Coverage costs and employer impact Group health coverage also remains a significant expense for employers. Data from the Kaiser Family Foundation puts the average annual cost for individual coverage at $8,435, and family coverage at $23,968. Spending growth by private insurers per enrollee is outpacing that of Medicare and Medicaid, with employers bearing a…