AIG had 'severe losses' of $293 million in Q2, which it said was 'more than double the long-term average.'

There's a hot new business that more and more firms are looking to get into: crypto insurance.

A string of disasters has pummeled the biggest U.S. insurers over the past year, and Q2 was no exception.

Greenberg said cyber risk is insurable and that 'Chubb is a large writer' of the coverage.

Amazon has explored ways to offer insurance as part of a push into other consumer offerings including robots to use in the home.

Progressive, Travelers Cos. and Chubb have collectively decreased their holdings of municipal bonds by $2.37 billion.

Progressive, Travelers Cos. and Chubb have collectively decreased their holdings of municipal bonds by $2.37 billion.

Insurance results were hurt by catastrophe costs and a decline in net premiums written.