News

Insurance

Hawaii’s biggest insurer State Farm takes quick 1100 wildfire claims

State Farm leads the field in Hawaii homeowners with a 35% market share.   16 August 2023

Insurance

Hawaiian wildfire likely rendered $3.2bn insured loss: KCC

Over 2200 structures fall within the fire perimeter, and over 3000 total were impacted.   16 August 2023

Insurance

Hawaiian wildfires will ring up $1 billion insurance bill: Moody’s

Inflation & construction capacity limits could fan claims costs at wildfire pace as well.   15 August 2023

Insurance

Hawaii wildfire may have taken 2700 structures for near $6bn: governor

Death toll nears 100 and officials warn of further rise from early-stage search efforts.   14 August 2023

Insurance

Talanx ups primary insurance margins, grows double-digit in industrial

Growth follows ‘strong’ gains in commercial, ‘more deliberate’ action in specialty.   14 August 2023

Insurance

Hawaiian wildfire may have over $3bn of structures in harm's way

Local authorities have already confirmed 55 fatalities in the event.   11 August 2023

Insurance

Munich Re on track for 25% growth targets in specialty insurance

Margins can still enjoy untapped synergies in underwiring, sales, claims and more.   11 August 2023

Insurance

QBE cat losses and new reserves boost combined ratio to a full 98.8%

North American commercial operations slip to outright loss on the H1 nat cat hit.   11 August 2023

Insurance

US motor insurance costs rise again, trim enduring gap to claims costs

Repair cost inflation continues to outpace; parts & used vehicle costs now tamed.   11 August 2023

Insurance

Allianz takes rate to catch inflation & push Q2 P&C margins

Allianz claimed 7.4% rate change on renewals after 6M, up from a 5.6% gain at end-Q1.   10 August 2023

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