CFO / Financial
2018 Reinsurance Pricing: Rate Hikes Likely After 2017 Storms and Catastrophes
When the dust settles—and water recedes—following 2017's hurricanes, wildfires, and other catastrophes, domestic primary insurers will learn if, and how much, their own underwriting discipline ...
International Capital Standards Remain a Work in Progress: Ex-Fed Reserve Governor
The International Association of Insurance Supervisors (IAIS) is no closer to enacting international capital standards for insurers than it was when it took up the task five years ago, attendees at ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
As InsurTechs Make Waves, Consumers Still Trust Traditional Insurers More
InsurTechs are changing the face of insurance, Capgemini and Efma said, announcing results of a consumer survey last month in which nearly one-third of respondent said they now rely on InsurTechs. ...
A.M. Best Puts Carriers, Reinsurers on Review in Conjunction with BCRM Update
Insurance rating agency A.M. Best announced the publication of the updated Best's Credit Rating Methodology (BCRM) on Friday, and also announced the names of several insurance and reinsurance groups ...
S&P No Longer Expects Global Re Rate Drops at Jan. 1
A trio of third-quarter hurricanes and continued catastrophe losses impacting insurers and reinsurers will have a greater impact on reinsurers—and may potentially fuel reinsurance rate hikes at the ...
‘Class of ’96’ IPO Analysis: Only 100 of 800 ‘Survived’ the Decade
Twenty years after the largest number of initial public offerings in one year took place, a new study from The University of Alabama's Culverhouse College of Commerce and Business Administration ...
Insurance Industry Acquirers Underperformed in 2016: Willis Towers Watson
Research from Willis Towers Watson announced earlier this month revealed that insurers doing acquisitions in 2016 underperformed peers that stayed away from M&A. WTW used a performance measure ...