Risk
Is a Safer World Possible?
Back in 2011, the publishing company I used to work for hired a new editor. He was the recipient of multiple awards for outstanding journalism, but insurance was a totally new gig for him. As a ...
South Africa’s State Insurer Will Raise Premiums to Address Riot-Related Reinsurance Costs
South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned ...
Cowbell Cyber Starts Using APIs to Broaden Capacity for Cyber Coverage Distribution
Cowbell Cyber has begun using APIs, technology that it said will drastically streamline the distribution of its cyber coverage and expand the company's market reach. "Providing API [application ...
Rate Hikes, Lower COVID-19 Claims Leads to Higher H1 Profits for Europe Reinsurers: Moody’s
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a ...
Russian Insurer Sanctioned by Biden Administration Over Nord Stream 2 Involvement
The Biden administration imposed sanctions on two Russian entities over their involvement in the Nord Stream 2 pipeline project, but is leaving in place a waiver that spared the company overseeing ...
U.S. P/C Net Underwriting Income Grew Nearly 30% in H1 2021: AM Best
The U.S. property/casualty industry grew its net underwriting income by 28 percent in the first six months of 2021 compared with the same prior-year period. According to a new AM Best report, a 5.4 ...
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Researchers from Colorado State University see near-normal tropical storm activity in the Atlantic Ocean, Caribbean and Gulf of Mexico through Sept. 1, according to a forecast update issued on ...
How to Achieve Organizational Goals With Scenario Planning
Even if they are never laid out in a formal document, every company is going to have strategic goals. After all, no executive is going to say that they don't want their company to grow or otherwise ...