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Reinsurance

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Travelers faces $1.7 billion impact from Los Angeles wildfires, future premium changes uncertain

February 12, 2025

Feb. 11— Travelers reported on Tuesday a $1.7 billion impact from the Los Angeles wildfires based on insurance policyholder claims without stating if it will raise premiums significantly in California or nationally to build reserves back, or possibly offer less protection in areas deemed too risky. Founded in Hartford with headquarters in New York City and…

2024 Annual Information Form (pa e q424 2024 aif)

February 12, 2025

For the Year Ended December 31, 2024. In this AIF, SLF Inc. and its consolidated subsidiaries are collectively referred to as "Sun Life", the "Company", "we", "us" or "our" and also includes, where applicable, our joint ventures and associates. SLF Inc.' s MD&A for the year ended December 31, 2024, and SLF Inc.' s Consolidated Financial Statements and accompanying notes for the…

AM Best Assigns Credit Ratings to Soteria Reinsurance Ltd.

February 12, 2025

The ratings also reflect the ratings lift the company receives from the ultimate parent, FMR LLC. The company receives support from FMR LLC in the form of capital contributions, operational support and investing expertise. Soteria provides strategic importance to FMR LLC and the U.S. operating insurance entities by providing reinsurance solutions, as well…

Fourth Quarter 2024 Earnings Release

February 12, 2025

Net income of $2.2 billion, or $3.80 per share Adjusted after-tax operating income 1 of $701 million and operating EPS 1 of $1.23 per share Premiums and deposits 1 of $9.9 billion Aggregate core sources of income 2,3 increased 4% over the prior year quarter Holding company liquidity of $2.2 billion Returned $527 million to shareholders, including $398…

Lara takes action to ensure FAIR Plan can continue paying consumer claims after the Southern California wildfires

February 12, 2025

Ordering the insurance companies' FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner Ricardo Lara today took action to maintain its solid financial footing. The FAIR Plan, an insurance safety net that the state requires insurance companies to operate, requested the commissioner's approval for…

(02.2025) Activity report 12M 2024

February 12, 2025

In accordance with article 227 of Law 6/ 2023, of March 17, on the Securities Market and Investment Services, MAPFRE, S.A. hereby gives notice to the Spanish Securities and Exchange Commission of the following. The attributable result stands at €902 million, once the€ 90 million goodwill writedown in Verti Germany is applied. Premiums are up 4.5%, reaching over…

Legal Notice

February 12, 2025

Legal Notice Affidavit of Patrece-Mulica: Glenn I, Patrece-Mulica: Glenn, being of sound mind and over the age of 18, hereby declare the following statements to be true and accurate to the best of my knowledge and belief:. Identity and Competence: I am legally alive and recognized as an adult, fully competent to manage my estate independently of the United States of…

Travelers faces $1.7 billion impact from Los Angeles wildfires, future premium changes uncertain

February 11, 2025

Feb. 11— Travelers reported on Tuesday a $1.7 billion impact from the Los Angeles wildfires based on insurance policyholder claims without stating if it will raise premiums significantly in California or nationally to build reserves back, or possibly offer less protection in areas deemed too risky. Founded in Hartford with headquarters in New York City and…

Q4 for Q4 2024 Financial Results News Release 2024

February 11, 2025

ATLANTA, February 11, 2025- Assurant, Inc., a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world's leading brands, today announced results for the fourth quarter and full-year ended December 31, 2024. "2024 was a testament to the power of our differentiated business model as we…

AIG Reports Outstanding Fourth Quarter and Full Year 2024 Results

February 11, 2025

American International Group, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2024. “Against the backdrop of an extremely challenging natural catastrophe environment, I want to acknowledge the devastating impact of the recent wildfires in California on the families, communities and businesses affected.

Assurant Reports Fourth Quarter 2024 and Full-Year Financial Results

February 11, 2025

Assurant, Inc., a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’ s leading brands, today announced results for the fourth quarter and full-year ended December 31, 2024. “2024 was a testament to the power of our differentiated business model as we delivered strong results,…

Brighthouse Financial Announces Fourth Quarter and Full Year 2024 Results

February 11, 2025

Brighthouse Financial, Inc. announced today its financial results for the fourth quarter and full year ended December 31, 2024. The company reported net income available to shareholders of $646 million in the fourth quarter of 2024, or $10.79 per diluted share, compared with a net loss available to shareholders of $942 million in the fourth quarter of 2023,…

Boost Insurance Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Infrastructure Security and Trust

February 11, 2025

Boost Insurance, a leading insurance infrastructure provider, has successfully achieved SOC 2 Type II compliance— solidifying its position as a secure and scalable platform for MGAs, brokers, and insurers. SOC 2 is a rigorous auditing standard developed by the American Institute of Certified Public Accountants to evaluate a company’ s systems and processes…

Crisis brewing in the business of paying for catastrophes

February 11, 2025

President Donald Trump's election owed much to the pervasive sense of a cost-of-living crisis. But there lurks another threat to US prosperity that is much harder to address. Wildfires in Los Angeles have put a spotlight on how regulations to prevent premiums from pricing people out of neighborhoods can tip into pricing them into risks that prove to be…

Sapiens Releases its Latest Underwriting Solution with Innovative Automation and AI for Life & Annuities Insurers

February 11, 2025

Sapiens Releases its Latest Underwriting Solution with Innovative Automation and. Rochelle Park, NJ, February 11, 2025- Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today announced the release of Sapiens UnderwritingPro v14, the most advanced version of its award-winning, automated…

The Hartford at UBS Financial Services Conference 2025 (Transcript)

February 10, 2025

THE HARTFORD INSURANCE GROUP, INC. COMPANY CONFERENCE PRESENTATION FEB 10, 2025. Copyright © 2025 S&P Global Market Intelligence, a division of S&P Global Inc. All Rights reserved. UBS Investment Bank, Research Division.

4Q24 Investor Presentation

February 10, 2025

Growing and established markets around the world. U.S., Japan, Mexico, Chile, Korea. Includes all assets managed by MetLife Investment Management.

Radian Appoints Seasoned Reinsurance Executive Jed Rhoads to Board of Directors

February 10, 2025

Radian Group Inc. today announced that Jed Rhoads has been appointed to serve on its Board of Directors. Rhoads is a seasoned reinsurance executive, with more than 40 years of experience, including most recently a decade in senior executive roles at Markel Group Inc. He also served as Chairman of the Reinsurance Association of America. Jed Rhoads, 66, served…

Fourth Quarter 2024 Financial Supplement

February 10, 2025

The following financial supplement is provided to assist in your understanding of Arch Capital Group Ltd. and its subsidiaries. It should be read in conjunction with documents filed by Arch with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10- K and the Quarterly Reports on Form 10- Q. Please refer to the…

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