It’s Not FAIR: Carriers flee, brokers scramble, and survival means reinventing the game

Move builds on efforts to meet rising digital risk needs Source link

Insurance strength and reserve trends helped balance out headwinds Source link

Moreover, the strong and consistent earnings of these insurers have contributed to their robust capital positions. Zurich and Chubb have shown strong capital generation capabilities despite external challenges, including catastrophe claims, the COVID-19 pandemic, inflationary pressures, and rising interest rates. AXA, through its transformation efforts, has also improved its capital generation, with its Solvency II…

Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting for…

Guru of Insurance, based in King George, Virginia, provides employee benefits planning and group benefits services to clients in the region. David Rao, president of Guru of Insurance, and his team will join Hub Mid-Atlantic. The firm will operate under the name of Guru of Insurance, a Hub International company. Source link

“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 in…