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AIG beats profit estimates on underwriting strength

AIG, one of the world's biggest commercial insurers, said underwriting income in its general insurance arm rose 19% to $596 million for the quarter ended March and included $106 million of total catastrophe-related charges. "General Insurance had another quarter of impressive Commercial Lines profitability benefiting from continued strong underwriting performance and low levels of catastrophe losses as we continue to manage volatility in our results," AIG Chairman and CEO Peter Zaffino said. Insurers have reaped the benefits of growing hopes of a soft landing and a still-tight labor market that has revived spending on insurance policies.

United statesPeter zaffinoNoor zainab hussainAmerican international groupTravelers companiesInternational groupCommercial linesNew york basedAnild silvaCommercial insurersGeneral insuranceCatastrophe lossesCommercial linesInsurance policies

Bermuda Regulatory Outlook 2024 | Conyers

As we enter 2024 the myriad of regulatory changes can appear overwhelming. We are here to help and have set out below some key changes and issues that can impact Bermuda entities..

United kingdomFrance generalInsurance groupBermuda register of companiesInvestment fund offering document amendmentEuropean courtMoney laundering committeeClassa fundInvestment fundBermuda monetary authorityFinancial action taskInvestment fund offering documentClassb fund or professional closedInvestment fund amendmentOffice of the privacyOwnership structure for local companies

BMA: island s captive market remains worldwide leader - The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

BMA: island s captive market remains worldwide leader - The Royal Gazette | Bermuda News, Business, Sports, Events, & Community
royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.

United statesBermuda monetary authority captiveBermuda monetary authority captive reportCyber codeGuidance noteClimate riskCommercial insurersNorth america

Myomo: Market Severely Undervaluing Opportunity (NYSE:MYO)

Myomo: Market Severely Undervaluing Opportunity (NYSE:MYO)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Georg hummerService medicareSeeking alphaFee for service medicareCommercial insurers

This Obamacare disaster had a surprising turnaround

Three nonprofit health plans out of 24 initially seeded with $2.4 billion in federal loans are providing much-needed competition across five states.

United statesDuke andersonRichard miltenbergerKevin lewisJohn morrisonCathy mahaffeyTroy downingDavid andersonJoe antosWisconsin common ground healthcareMaine community health optionsCommunity healthMountain healthDemocratic congressDuke universityOscar health