Underwriting
Global Insured Catastrophe Losses Improve in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20 billion, down from $30 billion in H1 2017, according to Swiss Re Institute's latest sigma ...
Execs See AI as Reshaping Finance But Disagree on What It Is
Global financial leaders are convinced artificial intelligence is poised to reshape their industry, and they're ready to invest big. They just can't agree on what it is. The World Economic Forum ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
QBE Insurance Rises in an H1 Featuring Fewer Disasters
Australia's QBE Insurance Group Ltd posted a better-than-expected 4 percent rise in first-half profit, helped by fewer natural disasters in its biggest markets, sending its shares up almost 9 percent ...
Amazon Reportedly Considering UK Insurance Comparison Site
Amazon.com Inc. is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail ...
Liberty Mutual’s Safeco Will Assume QBE North America’s Personal Insurance Business
QBE North America will transfer its North America personal insurance policies sold through independent agents to Safeco Insurance, leaving the specialist insurer to focus on its core commercial ...
Esurance Signs Actor Dennis Quaid as Its First On-Camera Spokesperson
For the first time, Allstate Corp.'s Esurance has an on-camera spokesperson. The "straight-shooting and highly likable actor" Dennis Quaid has the job, according to the insurer, which sells auto, ...
W.R Berkley, Travelers, GEICO Among 12 New Members of The Institutes RiskBlock Alliance
Twelve more companies have joined The Institutes RiskBlock Alliance, which is billed as the risk management and insurance industry's first enterprise-level blockchain consortium. The membership level ...
Report: Cyber Crime Ring Planning Massive ATM Thefts
An organized crime ring is likely to attempt a "large-scale theft" of cash from U.S. ATMs in coming days, a closely watched cybersecurity website reported. The Federal Bureau of Investigation has ...