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Ascot’s Lloyd’s Syndicate 1414 sees profit decline in 2024
Decline due to heavy catastrophe losses and the Baltimore bridge disaster Source link
Sun Life reports growth across core business segments in Q1 2025
In Asia, underlying net income was C$197 million, an increase of C$20 million or 11%. Asset management and wealth contributed C$7 million from higher fee income driven by increased assets under management. Individual protection added C$13 million, driven by new sales, in-force business growth, and joint venture performance, partially offset by lower surplus earnings and…
Louisiana insurance crisis easing, says commissioner
Rate hikes slow and new carriers arrive Source link
Insurance moves: Trident Reciprocal Exchange and MSIG USA
Beirne, who brings more than 20 years of experience in commercial insurance and Insurtech, will oversee MSIG USA’s actuarial function. His role will include managing reserving, pricing strategy, capital modelling and portfolio analytics. Beirne joins the company from Cover Whale, where he also served as chief actuary. Source link
Oklahoma Workers Compensation bill would expand PTSD protections for first responders
House Bill 1842, sponsored by Rep. Mark Lepak, would amend Section 13 of the Workers’ Compensation Code (85A O.S. §13) to bolster coverage for mental health injuries — particularly PTSD — incurred by law enforcement officers, firefighters (paid or volunteer), and emergency medical technicians. While PTSD is already a recognized injury for first responders under…
Insurance moves: Chubb, Zurich North America, Lockton, BenefitMall, RPS and Duck Creek
They include a new national casualty president and a new marketing chief Source link