AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed ...

Liberty Mutual Reinsurance (LM Re), the reinsurance arm of the insurance group, has launched a new parametric agriculture ...

A new report from Howden has revealed that the European agriculture sector loses an average of €28 billion annually due to ...

Haden Kirkpatrick, State Farm Mutual’s vice president for innovation ... on Jan. 7 will cost it more than $7 billion, though with reinsurance its net losses will be closer to $600 million.

The firm has launched a parametric insurance product to protect Colombian farmers against climate-related risks, in ...

Retained losses after reinsurance is an agreement where an ... reinsurances program to pay claims from the wildfires. State Farm Mutual Automobile Insurance Company (SFM) is the primary reinsurer ...

Reinsurance is bought by insurers from other ... this week asked for the $500-million capital infusion, noting State Farm Mutual had bailed out its Texas subsidiary State Farm Lloyd’s with ...

based State Farm Mutual Insurance Co., which is made up ... challenges due to “climate catastrophes, rising global reinsurance cost, and a tightening national property insurance market.” ...

Reinsurance, State Farm said ... based property insurer, the largest in California and a subsidiary of State Farm Mutual Automobile Insurance Co., said it has received more than 9,500 claims ...

Reinsurance, State Farm said ... the largest insurance provider in California and a subsidiary of State Farm Mutual Automobile Insurance Co., said it has received more than 9,500 claims from ...

Liberty Mutual Reinsurance has launched a new parametric livestock insurance product in Colombia, aiming to protect farmers ...