Risk
Allianz, AXA See Demand Surge For German Bank Cash Insurance
Europe's top insurers are selling protection to German banks that hoard billions of euros of cash in vaults to avoid paying a penalty by parking it at the European Central Bank, company executives ...
Soft Market Remains Top Reinsurance Industry Worry: Xuber Survey
Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining ...
CSC Insurance-Telematics Offering Will Have Outsourcing Option
CSC is unveiling a new telematics-based auto insurance technology offering, promising carriers the option of outsourcing the service or blending it into their own system. The Virginia-based provider ...
Commercial Auto Saw ‘Meaningful’ Price Hikes in Q1: Willis Towers Watson
Poor claim results continue to drive "meaningful" price increases for commercial auto, but commercial insurance as a whole barely budged during the 2016 first quarter versus last year. Willis Towers ...
The Latest Launches From Chubb, Beazley and Allianz
Chubb debuted new coverage targeting the U.K./Ireland middle market. Beazley unveiled an endorsement meant to help address weather-related low revenue at an event. Allianz has a new service for ...
Early June’s Bad Weather Poor Predictor For Atlantic Hurricane Season
A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time to stock up on duct tape, plywood and sandbags. Unfortunately, using the first few weeks to ...
Zurich Mulls Expanding Coverage to Help Protect Banks From Catastrophic Losses
Zurich Insurance Group AG, Switzerland's largest insurer, may increase its offering of insurance that helps protect banks from catastrophic losses like rogue trading by sharing risk with investors. ...
Smart Choices, Luck Help U.S. P/C Insurers Stay Stable: S&P
Good news alert: the U.S. property/casualty insurance sector "has been dealt a good hand" and remains stable due to smart choices and a little bit of luck, Standard & Poor's said in a new report. ...