Revealed – the top global business concerns for 2025

[ad_1] 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…

[ad_1] Using their supply chain data, businesses can model tariff exposure based on where goods come from, how much is spent, and where products are sold. Mitigation strategies, such as “rewiring” your supply chain or redesigning products to reduce exposure from specific components, can then be explored. [ad_2] Source link

[ad_1] 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.  [ad_2] Source link

[ad_1] CEO Brian Roney described 2024 as a pivotal year for Conifer, highlighting efforts to reduce debt, strengthen reserves, streamline operations and shift its focus to select personal lines. The company saw a sharp decline in commercial lines business, with total gross written premium falling nearly 50% for the year and net earned premium down…

[ad_1] Insurance claim delays are the longest since 2008 [ad_2] Source link

[ad_1] Case information Case: State Farm Mutual Automobile Insurance Company v. Spine Centers of America, Inc., et al. Court: U.S. District Court for the Middle District of Florida Case No.: 8:24-cv-1064-CEH-AEP Judge: Charlene Edwards Honeywell Date of ruling: March 21, 2025 Plaintiff: State Farm Mutual Automobile Insurance Company Defendants: Spine Centers of America, Robert Cagno, Lester…