Three leading Japanese casualty insurance groups have reported a combined net profit of 105.2 billion yen (US$1.36 billion) for the April-June quarter, down 5.4 per cent from a year earlier, on higher claims payouts stemming from overseas natural disasters. The strong yen also ate into foreign earnings. But payouts related to Japan’s March 11 earthquake [...]

Chartis has announced the expansion of industries addressed by NextGen Protection, a suite of environmental insurance solutions developed by its Environmental division. According to a release, the additional industry segments within the NextGen Protection suite are: Eagle Personal Care Protect for Manufacturers of Household and Personal Products Eagle Personal Care Protect have been developed for [...]

casualty insurance is a problematically defined term[1] loosely used to describe an area of insurance not particularly or directly concerned with life insurance, health insurance, or property insurance. It is sometimes equated to liability insurance,[2] and is mainly used to describe the liability coverage of an individual or organization’s for negligent acts or omissions.[3] However, [...]