CFO / Financial
2017 Forecast: Financial Experts Offer Cautious Optimism for P/C Insurers
Financial experts are expressing cautious optimism for the P/C industry as it heads into 2017, though they say that multiple factors will continue to pose a challenge. Perhaps one of the biggest ...
Insurers Can be Too Risky But Not Too Big: NAIC President
Although the Financial Stability Oversight Council created by Dodd–Frank Wall Street Reform and Consumer Protection Act could serve an incredibly useful purpose, FSOC's activities so far have been ...
Insurers and Reinsurers Confront Brexit Cost Implications: A.M. Best
The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not ...
AIG Signs $9.8B Reinsurance Agreement With Berkshire Hathaway Unit
American International Group partnered with Berkshire Hathaway's National Indemnity Company on a new $9.8 billion reinsurance agreement that covers a large chunk of prior AIG's U.S. Commercial ...
Are Underwriters, Agents Endangered by AI?
"Meet your new underwriter." That's the caption under a photo of a robotic hand holding a pen that the digital news outlet Quartz (qz.com) used to introduce a recent article about an insurer using ...
AI and Insurance: Are Claims Jobs in Danger?
Mirroring the actions of at least one large Western insurer, a Japanese life insurer announced it would introduce cognitive computing in its claims department in late December. Unlike other insurers, ...
Benefits of Climate-Related Financial Disclosures
We need to work on a united, collaborative response when it comes to combating climate change, said Zurich Insurance's Cecilia Reyes in a recent blog, expanding on her Dec. 15 Twitter chat on ...
‘Regtech’ Cos. Stand to Gain From Fragmented Regs of Trump Era
President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial ...