Underwriting
A Repeat of 2017’s Losses Could Test Reinsurers’ Otherwise Healthy Status: S&P
After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes? S&P Global Ratings indicates that while ...
Analysts Grill U.S. Insurers About Exposure to $4.7B J&J Talc Verdict
Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families ...
Lloyd’s of London Is Pursuing a Strategic Review of Its Entire Operations
Lloyd's of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after ...
National Flood Insurance Program Wins Yet Another Short-Term Extension
Congress avoided a lapse in the federal flood insurance program when the Senate voted 86-12 on July 31 to extend authorization for the program by four months to Nov. 30. The National Flood Insurance ...
Hackers Refuse to Let Up on Cloud-Based Business Email Accounts: Beazley
Business email accounts faced an increasing amount of cyber attacks in the 2018 second quarter, according to a new report from Beazley. The report is specific to information handled by the specialist ...
States Sue to Block Trump Administration Plans Allowing Downloadable 3-D Printed Gun Instructions
A group of Democrat-controlled states said it sued to block the Trump administration from allowing 3-D gun manufacturers to publish instructions on how to make "downloadable" guns. The coalition is ...
Kemper’s Personal Auto Insurance Growth Soars
Kemper Corp. is celebrating a boost in net income for the second quarter thanks to "significant growth" in its personal automobile division, a few weeks after closing its recent $1.3 billion ...
For CNA, International Insurance Was a Blemish on an Otherwise Solid Q2
For CNA Financial Corp., the 2018 second quarter produced mostly gains: Higher net premiums written in most of its divisions, increased investment returns and still-healthy combined ratios in all but ...