Browsing: property and casualty

Insurance industry news about Willis’ new appointment in Hong Kong and Macau

Insurance brokerage firm The Hilb Group has acquired a Maine-based property and casualty agency, effective April 1, 2025, expanding its New England footprint.

German insurer ERGO expands into the U.S. market by acquiring small business insurer Next Insurance.

The US property and casualty (P/C) insurance industry saw a significant turnaround in 2024, achieving its first underwriting profit since 2020, according to a recent AM Best report. This positive shift was largely fueled by improvements in the personal lines segment.

The North Bay Business Journal has published its latest research on property and casualty insurance agencies in the North Bay area, including premium volume, staff size, and other key metrics.

Reinsurer SCOR reports a profitable fourth quarter in 2024, driven by strong performance across all business segments, particularly a turnaround in the Life and Health (L&H) segment.