Profitability

AIG confident on profitability of acquired Everest US casualty book

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Peter Zaffino, chairman, president and chief executive, AIG

Chief executive says AIG has 'extensive experience' in repositioning casualty portfolios following renewal rights deal with Everest Group       Related Stories Daily Digest: AIG bullish on Everest book, Lancashire books 9M premium growth, Swiss Re on renewable energy Daily Digest: AIG bullish on Everest book, Lancashire books 9M premium growth, WTW on renewable energy Global […]

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Bermuda carriers outperform amid strong reinsurance profitability

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Stock market

European and Lloyd's shares tumble but Aviva and Talanx remain best-performing stocks this year       Related Stories Bermuda carriers outperform amid strong reinsurance profitability The Supreme Court's motor finance ruling has implications for re/insurers Fires dominating major vessel losses in 2025, Cefor warns  

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Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

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Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream. Under the current US system, the driver is responsible in the event of an accident. But

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