After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week.   The firm examined 45 insurers that have written most of the personal property insurance in the state, including […]

LONDON, May 28 (Reuters) – Japanese insurer Tokio Marine (8766.T), has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its chair told Reuters. The new unit, Tokio Marine GX (TMGX), will provide advisory […]

COVID-19 loss reports and reserves reported by insurance or reinsurance companies This table documents publicly reported COVID-19 pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance companies. The data was originally collected by Zurich-based financial services advisory PeriStrat LLC, operated by Hans-Joachim Guenther, and has now been augmented and updated where we can by […]

Big Pharma Conspiracies & Insurance – Where Mistrust Meets Protection The past few years have seen a surge in conspiracy theories surrounding “Big Pharma,” with many believing these pharmaceutical companies operate in unethical ways that are detrimental to the patients they’re supposed to be helping. Some of these theories state that powerful companies actively let […]

Usually, when we are in good health, we do not pay attention to certain aspects of our lives. We do not particularly focus on a hurting throat, twisted leg, or some kind of pain which goes away after a few days. We have this expectation that the body will recover. And almost every time, it […]

Amid the unending flux of everyday life, one integral part of our well-being is often disregarded—our mental health. Caring for our mind and soul is just as important as caring for our body, and needs just as much attention and effort like any other task. The best news? There is no need to change your […]

It’s perfectly understandable to be temporarily baffled by the two acronyms, especially, Medicare and Medicaid. These two prominent government health insurance programs are often viewed as one and the same, however, they have uniquely different functions and serving groups. Whether you are preparing for your retirement, aiding a family member, or simply trying to comprehend […]

Finding appropriate coverage can be difficult, especially considering how fiercely health insurance companies compete. With the medical debt crisis in the US, household premiums can burgeon into thousands spent monthly and deterring any financial progress year after year. As we near 2025, balancing these costs becomes even more pressing. Let’s go over some tips on […]