CEO cites strength in overall results Source link
USD/CHF softens to near 0.8650 ahead of US PCE inflation data
USD/CHF trades in negative territory for the second consecutive day near 0.8655 in Thursday’s early European session. Global political uncertainty and geopolitical risks boost the Swiss Franc, a […]
Telematics use grows in insurance as fleets report fewer claims, crashes – SambaSafety
Report reveals rising adoption, impacting premiums and risk control Source link
Inflation goal is in sight
European Central Bank (ECB) President Christine Lagarde said that the rate cuts will continue, but it will be determined by underlying economic data in the coming months, per Le Monde. […]
Spokane fires expose underinsurance gaps, leaving homes uncovered
Aaron VanTuyl, a public affairs specialist for the insurance department, explained that the comprehensive damage caused by wildfires, compared to typical house fires, often leads to claims that […]
EUR/USD slips below mid-1.0800s ahead of Eurozone CPI and US PCE Price Index
EUR/USD attracts fresh sellers on Thursday amid a modest USD strength. Bets for smaller Fed rate cuts and elevated US bond yields benefit the USD. Diminishing odds for […]
US insurance spending soars to $3.8 trillion in 2024, set to rise further
The disparity in insurance spending per capita across regions is substantial, with Americans expected to spend an average of $12,800 per person on insurance in 2029. In comparison, […]
Gold price holds steady near all-time peak, below $2,800 ahead of US PCE Price Index
Gold price continues to attract haven flows amid US political jitters and Middle East woes. A further rise in the US bond yields revives the USD demand and […]
Client interest and carrier appetite are growing for MGAs
According to Manuel Almenara, vice president of carrier relations at vQuip, speed-to-market is everything. “The specialty and E&S spaces allow more dynamism, with fewer regulatory constraints, but launching […]
WTI remains below $69.00, upside potential appears due to US Oil demand
WTI prices could rise amid optimism regarding US Oil demand following an unexpected decrease in crude inventories. EIA Crude Oil Stocks Change fell by 0.515 million barrels in […]