Underwriting
The Mobility Revolution Is Coming for Insurers
What would you do if you had advance knowledge of massive changes coming to your industry? And what if you knew generally what form the changes would take and the likely ...
Eyes Wide Open: A ChatGPT Users’ Guide for Insurance Professionals
OpenAI's ChatGPT will give you some pushback if you ask it how to commit a crime—like breaking into someone's house. But a little creative coaxing can elicit a "misaligned response" from the ...
Executive Viewpoint: Taking the Next Step on Cyber War Exclusions
Cyber insurance has been a success story since the late 1990s, offering companies protection for one of their leading emerging risks. In my opinion, the most important ...
Courts Mixed on PFAS Coverage Litigation
A handful of coverage lawsuits have been decided over the application of pollution exclusions to deny coverage for PFAS claims, and rulings have been split on whether ...
U.S. Personal Auto Results Headed the Wrong Way. Is a U-Turn Possible?
Although the pandemic may appear more distant in the rearview mirror, its lasting impact on the personal auto insurance industry may be larger than initially ...
D&O Story for 2022: Prices Down; Loss Ratios Up; Top Carriers Ranked
Although analysts at Fitch Ratings estimate that combined ratios for the directors and officers liability line remained below breakeven in 2022, with competition fueling price declines and the ...
Chubb Underwriters to Oil & Gas Clients: Show Us Emission-Cut Plans
Chubb Limited announced new underwriting criteria for oil and gas extraction projects yesterday that will require clients to reduce methane emissions. Methane, a byproduct of oil and gas production, ...
Lloyd’s 2022 Underwriting Results ‘Strong’ Despite Bottom-Line Red Ink
Lloyd's reported an interim full-year 2022 loss before tax of $947.6 million (£800 million ) as a result of investment losses of approximately $3.6 billion (£3 billion). This compares to a profit ...
Which Came First, the Cyber Chicken or the Cyber Egg?
One of the biggest challenges for cyber insurers isn't predicting when an act of cyber war could occur but figuring out how to define cyber war in the first place.