A long-term decline in non-fatal workplace accidents and injuries combined with improving loss experience helped workers' compensation carriers to greater profitability last year as premiums climbed to a record $58.5bn
American Financial Group (AFG) expects to shoulder $105mn of the ultimate bill from an onslaught of natural disasters that have impacted the industry in the third quarter.
The prolonged soft market cycle could be set to turn after a series of catastrophes that senior executives in the market predict could cost the sector up to $150bn.
The prolonged soft market cycle could be set to turn after a series of catastrophes that senior executives in the market predict could cost the sector up to $150bn.
