The numbers also highlight the revenue challenges I wrote about last week. Direct written premium was down in Q2 by 2.76%, after falling in Q1 by 2.43%. Lower insurance values are coming through in the numbers and I expect Q3 and 4 to be even worse. Here’s raising a glass to underwriting discipline and betting on the markets to stay buoyant. (Don’t anyone mention hurricanes, either…).
This blog has been reprinted with permission from
The opinions of bloggers on
The two companies, units of Japan-based Tokio Marine Holdings Inc., said the decision will affect 12,556 policies with premiums of $11.3 million.
Startup life insurance brokerage launched in 2021 adds new capability as it expands its reach of carriers and agents using the service.
Four strategies for insurance companies aiming to leverage AI's potential.
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region.
Insurers embedding coverage in other venues are finding the practice adds risks, and agents point to their value for interpreting coverage to policy buyers.
Allstate found that customers who use Drivewise are 25% less likely to experience a severe collision than those who don't.
