Read more about the article Berkley’s first-quarter net investment income increased by 28.8% to $223.4 million.
Berkley's first-quarter net investment income increased by 28.8% to $223.4 million.

Berkley’s first-quarter net investment income increased by 28.8% to $223.4 million.

W.R. Berkley Corporation, a re/insurance holding firm, revealed its Q1 of 2023 and it is observed that its net investment income increased by over 29% as a growing share of…

Continue ReadingBerkley’s first-quarter net investment income increased by 28.8% to $223.4 million.
Read more about the article Ageas enters into a sale contract for its French Life Insurance.
Ageas enters into a sale contract for its French Life Insurance.

Ageas enters into a sale contract for its French Life Insurance.

Ageas disclosed the signing of the selling contract for its French Life Insurance operations. The business has signed a contract with La Mutuelle Epargne Retraite Prévoyance Carac ("Carac") to sell…

Continue ReadingAgeas enters into a sale contract for its French Life Insurance.
Read more about the article Hanover Insurance Group estimates $175 million in cat losses for the first quarter.
Hanover Insurance Group estimates $175 million in cat losses for the first quarter.

Hanover Insurance Group estimates $175 million in cat losses for the first quarter.

The Group has released its initial projection for the first quarter of 2023 catastrophe losses of roughly $175 million, before taxes, or 12.7 percent of net earned premium. Nearly half…

Continue ReadingHanover Insurance Group estimates $175 million in cat losses for the first quarter.
Read more about the article Swiss Re’s shareholders approved all proposals at the company’s Annual General Meeting.
Swiss Re expects “very strong demand” for reinsurance in 2024

Swiss Re’s shareholders approved all proposals at the company’s Annual General Meeting.

Swiss Re has reported that its shareholders adopted all proposals made by its Board of Directors at its Annual General Meeting (AGM). Swiss Re reports that the vast majority of…

Continue ReadingSwiss Re’s shareholders approved all proposals at the company’s Annual General Meeting.
Read more about the article Nigeria and Morocco agree to cooperate to advance the insurance industry.
Nigeria-and-Morocco

Nigeria and Morocco agree to cooperate to advance the insurance industry.

The Nigerian Insurers Association(NIA) and the Moroccan Federation of Insurance and Reinsurance Companies(Fmsar) have signed a technical cooperation agreement that will lead to the exchange of market information, sharing of…

Continue ReadingNigeria and Morocco agree to cooperate to advance the insurance industry.