MAPFRE to acquire Safety Insurance for $1.54 billion amid shareholder probe
Stronger first-half results underpin the deal The acquisition was announced alongside MAPFRE’s first-half 2026 results, which the insurer said gave…
Tag: Billion
Travelers reports Q2 net income of $2.21 billion as underwriting and investment results improve
Core income rose to $2.160 billion, or $10.04 per diluted share, from $1.504 billion, or $6.51 per diluted share. The…
The $23 billion inflection point: How America’s fire insurance market rewrote the rules
REFERENCES AND SOURCES [1] NAIC Exhibit of Premiums and Losses (Statutory Page 14), LINE_NO 1 (Fire), 2019–2024, all…
World Cup final puts $1 billion event insurance market in focus
Parametric adoption and its trade-off Event organizers are increasingly turning to parametric insurance as a complement to traditional cancellation structures.…
The Doctors Company closes $1.3 billion ProAssurance acquisition
The AMA’s April 2026 Policy Research Perspective report confirmed that medical liability premiums rose for the seventh consecutive year in…
Six straight years above $100 billion – and the insurance environment is not getting simpler
The GILC review identifies flood, storm, wildfire and catastrophe exposures as placing pressure on underwriting, pricing, reinsurance arrangements, product design…
Lockton hits $4.5 billion in revenue in sixth straight year of double-digit growth
Lockton Re and the reinsurance market Lockton Re’s approximately 15% growth came as insurers navigated capital constraints, evolving market dynamics,…
Oregon court throws out $1 billion wildfire verdict – and hands key insurers a lifeline
Which insurers stand to benefit – and which face new headwinds Liability tower – exposure reduced Subrogation carriers…
Second Circuit blocks insurers from recovering $7 billion in frozen Afghan bank assets
Judge Menashi dissented separately, agreeing that the president’s recognition of Afghanistan as a state should stand but arguing the bank…
QBE lifts profits above $2 billion with best underwriting result in years
Outside catastrophe experience, QBE’s underlying claims performance was broadly stable, with an ex-cat claims ratio of 59.8% (from 59.7%). The…