High Definition Vehicle Insurance (HDVI), a technology-driven commercial auto insurance provider, has secured $40 million in growth capital, bringing its total funding to over $87 million. The round, ...

Fourth quarter net income of $1.21 per diluted share and adjusted operating income of $1.25 per diluted share; full year net ...

Binding authority works particularly well for smaller, more homogeneous risks. In Munich Re Specialty’s case, the portfolio ...

Chubb Limited reported strong financial results for the fourth quarter of 2024, with core operating income reaching $2.5 billion, marking a 10.5% increase per share. The company noted record results ...

Jan 22 (Reuters) - Property and casualty insurer Travelers (TRV.N), opens new tab trounced Wall Street estimates for fourth-quarter profit as strength in its underwriting business cushioned a blow ...

Medical underwriting refers to how a life, disability, or health insurer uses an applicant's medical history to determine eligibility, coverage offers, and pricing. For medically underwritten coverage ...

Equity net revenue was up 51% year-over-year, and equity underwriting revenue soared about 100%. The news sent shares up to close to their record high set in late November. Morgan Stanley (MS ...

Dr. Sastry is an assistant professor of finance at Columbia Business School. Dr. Sen is an assistant professor of finance at Harvard Business School. Fires are still raging across Los Angeles in ...

This was boosted by a 24% Y/Y increase in investment banking fees to $2.05 billion, led by higher revenues in Debt and Equity underwriting. Investment banking fees backlog increased QoQ ...

This guide delves into the nuances of the underwriting process, shedding light on its purpose, key players, technology integration, and regulatory requirements. Definition and Purpose of Mortgage ...

Fact checked by Pete Rathburn Reviewed by JeFreda R. Brown What Is Underwriting? Underwriting is the process used by lenders ...

The insurance industry has used race-based premiums, redlining, and other practices to discriminate against protected classes ...