Insurance Journal
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Overview
Insurance Journal delivers the latest business news for the Property & Casualty insurance industry.
News
Can Reinsurers Maintain Underwriting Discipline or Will 'Irrational' Competition Return?
The reinsurance industry's robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. "The key question is whether reinsurers can maintain underwriting discipline or will irrational competition eme
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Swiss Re Profit Beats Estimates as Reinsurer Boosts Cost Cuts
Swiss Re AG's first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts. Profit for the second quarter was $1.3 billion, resulting in net income of $2.8 b
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Global Wildfire Surge Hits U.S, Propelled by Rising Temperatures
The U.S. is enduring one of its worst wildfire seasons in years, with blazes scorching millions of acres. It's part of a global pattern of hot, dry conditions that favor fires becoming more common with climate change. Fires that erupted in and around Spok
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Wanted: War-Zone Divers to Scrape Barnacles From Ships in Persian Gulf
Demand for ocean divers who specialize in barnacle scraping is soaring as ships stranded in the Persian Gulf for more than three months prepare to
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NTSB to Hold Hearing on Two Fatal Ford Crashes Involving Driver Assistance
The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor's
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