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Tokio Marine enjoys massive leap in net income
[ad_1] In response to these results, the group raised its full-year adjusted net income forecast to ¥1.04 trillion, an increase of ¥40 billion from the earlier guidance. The firm projects this momentum will continue into fiscal 2025, with an adjusted net income forecast of ¥1.10 trillion, representing a 3% rise year-on-year. The adjusted return on…

New York court rules Utica First not liable in Nino & Nino wrongful death suit
[ad_1] The Supreme Court, Queens County, denied both motions. But the Appellate Division, Second Department, reversed the ruling in part, siding with Utica. The court held that a party must be named as an insured or additional insured on the face of the policy as of the date of the incident to be eligible for…

Trisura Group reports earnings boost
[ad_1] In its insurance operations, Trisura reported net insurance revenue of CA$172.7 million, a 12.8% increase from the same quarter last year, mainly driven by growth in primary lines. Underwriting income was CA$29.9 million, up 1.7% from a year earlier, due to business expansion and foreign exchange fluctuations, though partly offset by a higher combined…

"AI can make us stronger": Everest’s chief actuary on thriving in the era of change
[ad_1] How women in insurance can play a critical role amid the technological shift [ad_2] Source link

TMHCC CEO named APIW Insurance Woman of the Year
[ad_1] Her career began as an actuary at AIG before moving into underwriting, where she held senior positions, including president of American Home Assurance Company. She later joined Praetorian Insurance Company, which was acquired by QBE, where she served as president of QBE Specialty and chief actuary for QBE’s Americas division. Before TMHCC, she was…

What’s behind the great sustainability stall?
[ad_1] Ignoring environmental exposures is a gamble most firms can’t afford [ad_2] Source link