Risk
Evaluating Capital Needs
According to Standard & Poor's, some of the more common modeling techniques insurers use to evaluate their capital needs are: Stress tests, or extreme scenarios used to evaluate risk-bearing ...
Survey Says: For Many, ERM Is a Capital Idea
As insurers continue to evolve their enterprise risk management systems and controls, and regulators take a closer look, one aspect continues to be clear: Capital is king. A recent study by Standard ...
Eight P/C Insurers, Reinsurers Get Top Marks for Managing Climate Risk
Munich Re and ACE Limited are among nine insurers that are best prepared to manage risks related to climate change, a lobbying group said last week, including one life insurer on the list. The ...
W.R. Berkley CEO Challenges ‘Moral Commitment’ of Reinsurance Rivals
With the property/casualty reinsurance market hammered by soft rates and heavy competition from new sources of capital, W.R. Berkley Corp.'s Chairman and CEO questioned the "moral commitment" of some ...
Allianz Global Corporate & Specialty Reorganizes to Support New Growth
Allianz Global Corporate & Specialty SE (AGCS) is reorganizing its regional management structure to accommodate new growth. In a related move, it is launching a new business line targeted to ...
Chubb Thrives in Q3 on Higher Premium Revenue
Chubb Corp., the insurer of corporate boards and mega-yachts, said quarterly profit rose 9.8 percent in the company's first increase of the year as premium revenue increased. Third-quarter net income ...
Survey: Analytics Increasingly Informs P/C Homeowners Pricing
Property/casualty insurers are increasingly using analytics as a tool to help with their homeowners' pricing, reflecting a belief that the line could become a bigger growth engine than their auto ...
Ebola ‘Tipping Point’ Could Come By Late January: RMS
The Ebola virus disease outbreak in West Africa has the potential to be the most deadly infectious disease event since the 1918 flu pandemic, according to a new report by catastrophic risk modeling ...