Risk
Workers Comp Touches First Pricing Dip in 5 Years: Towers Watson
Workers compensation pricing appears to have dipped slightly in the 2015 second-quarter. That's the first time this has happened since 2010, Towers Watson said in a new report that tracked a tiny ...
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Reinsurers Gathered in Monte Carlo Doubt the Chances of 2016 Pricing Relief
The world's largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decade's quietest years for ...
Alibaba Invests $188M in Cathay Financial’s Insurance Division
Alibaba Group Holding Ltd.'s finance arm is strengthening its foothold in the insurance business with plans to invest about 1.2 billion yuan ($188 million) in a Chinese unit of Cathay Financial ...
Cyber Risks Poised to Become a $20 Billion Market: Allianz
Cyber risk remains a rapidly increasing problem with wide-ranging economic impact and cost. A new Allianz report illustrates how bad the situation has become, costing the global economy $445 billion ...
FHA Urges National Overhaul of Guardrail Standards After Review
U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have "safety performance issues" in some real-world crash scenarios, the Federal Highway Administration said as it ...
Executives On The Move at Aspen Re, Starr, Verisk and The Hartford
We have executive hires to tell you about at Aspen Re, Starr Companies, The Hartford and Verisk: *** Aspen Re brought on an Axis Reinsurance veteran to be its new head of global property catastrophe. ...
Survey Says: Millennials Love Usage-Based Auto Insurance Policies
More drivers aged 18 to 34, commonly known as millennials, are interested in usage-based auto insurance policies than are drivers in all other age groups. Specifically, 88 percent of millennials are ...