Underwriting
Property Cover Drives 3rd Consecutive Quarter of Global Commercial Insurance Prices Hikes
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh's "Global Insurance Market Index." These average ...
Forecasters Downgrade Number of Atlantic Storms Predicted for 2018
With four storms already in the books, the Atlantic is expected to produce a total of nine to 13 named storms during the six-month hurricane season that ends Nov. 30, the National Oceanic and ...
July’s Droughts, Fires Caused Billions of Dollars in Economic Damage: Impact Forecasting
For many of July's global natural disasters, it was all about drought and wildfires, according to the latest update from Aon's Impact Forecasting. What the report found: Many countries dealt with ...
Pie Insurance Plans Scale-Up, Expansion With $11M in New Financing
Pie Insurance disclosed that it has raised $11 million in new financing, with plans to use the money to scale up its workers compensation MGA operations and propel an ongoing market expansion. ...
IIHS Tests Highlight Risks Behind Semi-Autonomous Driving Systems
Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you're not paying attention, an insurance industry group warns. The ...
Hacking Programs Driven by Artificial Intelligence Feared as Next Big Cyber Problem
The nightmare scenario for computer security - artificial intelligence programs that can learn how to evade even the best defenses - may already have arrived. That warning from security researchers ...
Zurich’s P/C Unit Gives Insurer a Boost
Zurich Insurance Group AG got a boost from its property & casualty business, putting the company on track to meet Chief Executive Officer Mario Greco's three-year restructuring goals. The Swiss ...
AIG Chooses Aspen Re’s Lillelund to Run Post-Brexit EU Subsidiary
The Aspen Re chief executive officer will lead American International Group's new European subsidiary in Luxembourg. Thomas Lillelund has been hired on as CEO of the division known formally as AIG ...