In comparison, Chubb achieved record net income of $9.27 billion for FY2024, or $22.70 per share, and core operating income of $9.20 billion, or $22.51 per share. Consolidated net premiums written were $51.5 billion, up 8.7%, with global P&C up 9.6% and life insurance up 15.7%. The P&C combined ratio for the year was 86.6%.
Earth Day reminds us of the profound impact our choices have on the environment. For businesses, this responsibility extends beyond daily operations to encompass the broader community and ecosystem. Your decisions regarding practices like waste disposal, chemical storage, and emissions can influence the well-being of the environment around you and your company’s sustainability and reputation….
Brokerages insight: A deep dive into Gallagher | Insurance Business America Brokerage Market Review Brokerages insight: A deep dive into Gallagher The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping…
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 ratio….
Dallman was recognized for his role as author of 2023 Wisconsin Act 60, ensuring its passage during the 2023-2024 legislative session. The legislation requires high school students to complete a half credit of education on financial literacy, covering topics such as money management, credit and debt, risk management, and insurance. Source link
