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For the period ended July 31, 2024. For further information, please contact:. The Consolidated Financial Statements are prepared in compliance with International Financial Reporting Standards as issued by the International Accounting Standards Board and International Accounting Standard 34, Interim Financial Reporting unless otherwise noted.

Under this approach, Munich Reinsurance Co. is the largest IFRS 17 reporting reinsurer based on nearly USD 32.9 billion in 2023 reinsurance revenue, followed by Hannover Rück SE and SCOR SE. Swiss Re Ltd. is the largest non-IFRS 17 reporting reinsurer with USD 40.5 billion in 2023 gross premium written, followed by Berkshire Hathaway, Inc. and Lloyd’ s.

FI N ANC IAL RE P O RT T. Letter from the Chairman of the Managing Board. We are the leading insurance group in Central and EasteEurope.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Accordia Life and Annuity Company, and its affiliates, Global Atlantic Re Limited and Global Atlantic Assurance…

The Best’ s Special Report,“ IFRS 17— Economic View Adds Complexity to Reinsurers’ Financial Statements,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. The shift to the new standard has completely overhauled prior approaches for measuring and reporting insurance results and introduced new…

SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its collaboration with Markel, the insurance operation within Markel Group Inc.. SageSure Expanded Markets will distribute Markel’ s insurance products first in Louisiana, South Carolina, and Texas, with more states forthcoming.

DENVER, Aug. 27, 2024– Intermap Technologies, a global leader in 3 D geospatial products and intelligence solutions, today announced a strategic collaboration with Aon' s Impact Forecasting to enhance underwriting, risk management and portfolio modeling.. This collaboration enables insurers to access IF's hazard and risk maps through Intermap's solutions…

Whitehouse Station, N.J., August 26, 2024- Chubb has named Amelie Fava-Verde to the newly created role of Senior Vice President, North America Chubb Resilience Services. She joins Chubb from KPMG LLP, where she served as the U.S. ESG Hub Lead. Fava-Verde earned a Bachelor of Science degree in environmental geography from University College London and a Master of…

THE INFORMATION CONTAINED IN THIS TRANSCRIPT IS A TEXTUAL REPRESENTATION OF THE TORONTO-DOMINION BANK'S Q3 2024 EARNINGS CONFERENCE CALL AND WHILE EFFORTS ARE MADE TO PROVIDE AN ACCURATE TRANSCRIPTION, THERE MAY BE MATERIAL ERRORS, OMISSIONS, OR INACCURACIES IN THE REPORTING OF THE SUBSTANCE OF THE CONFERENCE CALL. From time to time, the Bank makes written…

Chubb Peru initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and re-branded the company. As of December 2023, 65% of the company’ s gross written premium was composed of property/casualty products, with accident and health comprising 28% of…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the following operating subsidiaries of Enact Holdings, Inc.: Enact Mortgage Insurance Corporation and Enact Mortgage Insurance Corporation of North Carolina. Both operating companies are domiciled in Raleigh, N.C. In addition, AM Best has affirmed the FSR…

Reinsurance companies operating in Latin America continue to benefit from the region’ s GDP growth, although the impact of 2023’ s Hurricane Otis highlights the need for additional capacity, according to a new AM Best report. Some global participants operating in Latin America have shifted their risk appetites, due to global mandates or general risk aversion.

AM Best will deliver a presentation at the Reinsurance Association of America’ s“ Re Underwriting 2024: Underwriting Fundamentals” event, which will take place Sept. 5-6, 2024, in New York, NY, at The Westin Grand Central Hotel. The session is scheduled for 9:45 a.m. -10: 45 a.m. on Friday, Sept. 6. Headquartered in the United States, the company does business in over 100…

AM Best has affirmed the Financial Strength Rating of A+ the Long-Term Issuer Credit Rating to“ aa-” of the members of Allstate Insurance Group. In addition, AM Best has affirmed the FSR of B and the Long-Term ICR of“ bb” of the members of Castle Key Group. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and all existing Long-and Short-Term Issue Credit Ratings…

The Best’ s Market Segment Report,“ Dedicated Reinsurance Capital Thrives in Hard Market,” is part of AM Best’ s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. According to this report, traditional reinsurance capital increased year over year by approximately USD 57 billion, or 14%, to USD 468 billion in 2023.

Las Vegas saw its all-time hottest temperature on record of 120 degrees Fahrenheit on July 7. According to 2022 data from nonprofit research group Climate Central, Las Vegas has warmed nearly six degrees Fahrenheit since 1970, making it the second-fastest warming city in the U.S. The fastest is our northern neighbor, Reno, which has warmed 7.7 degrees since…