Risk
Root Insurance Secures $350M Financing to Fuel Accelerated Expansion
Root Insurance confirmed it has pulled in a $350 million venture capital infusion, a few weeks after news of the imminent financing leaked early. The Wall Street Journal reported in late August that ...
Loss Creep Brings End to Soft Market: Guy Carpenter
In a report published this weekend, Guy Carpenter explains that extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted ...
China Regulators Cap How Much Insurers Can Invest in Their Shareholders
China's banking and insurance regulator on Monday capped how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is ...
Cyber Insurance Loss Risks Are Now Substantial: Guy Carpenter/CyberCube Research
As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear. A new report from Guy Carpenter and CyberCube Analytics has identified potential ...
U.S. Commercial Insurance Prices Rise More Aggressively: Willis Towers Watson
In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a year ago, according to Willis Towers Watson's latest Commercial Lines Insurance ...
A Primer on WC Provider Omaha National and Its InsurTech Connections
Regional workers comp provider Omaha National is also an InsurTech of sorts. The startup, launched two years ago, relies on proprietary InsurTech software to function, combined with hands-on ...
Regional Coverage Program Rushes $11 Million Payout to the Bahamas
The Bahamas will receive $11 million in post-disaster insurance from a novel 12-year-old regional coverage program. CCRIF, once short for the Caribbean Catastrophe Risk Insurance Facility, was ...
Insurance Linked Securities Hold Their Own in the Face of Cat Bond Losses: Aon Securities
Insurance linked securities are holding their own even as they have been slammed with robust catastrophe bond losses, a new Aon report has found, predicting that the sector will resume growth in ...