Underwriting
Mobile Phones Are Somewhat Less Risky for Drivers Than Texting
A new study gives a relative break to those drivers who talk on a mobile device while driving versus their peers who text. The finding: People who text while driving are six times more likely to be ...
Natural Disaster-Related Losses Reach 13-Year Low in H1: Munich Re
Overall losses from storms, flooding and earthquakes almost halved in the first six months of 2018 to $33 billion, the lowest figure in 13 years, reinsurer Munich Re said on Wednesday. Insurers paid ...
Recently we explored how specialty insurance markets emerge and the signals that help MGAs distinguish a lasting opportunity from temporary...
African Dust Leads to Atlantic Storm Lull
What can give you itchy eyes, replenish the rain forest and bring a hurricane to its knees? Dry and dusty African air. The coffee-colored atmospheric swirl, captured by satellites last week, blew ...
China’s Anbang Insurance Is Exploring Its First European Divestment
Anbang Insurance Group Co. is exploring a sale of Belgian insurer Fidea, people with knowledge of the matter said, in what would be the troubled Chinese insurer's first European divestment since it ...
Volkswagen’s $10B Diesel Settlement Upheld by U.S. Appeals Court
A federal appeals court on Monday upheld Volkswagen's $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016. The three-judge panel of the U.S. 9th ...
The Latest Launches From Ironshore and Travelers
Liberty Mutual-owned Ironshore now has an energy equipment facility that offers property and inland marine insurance for on-shore middle-market business classes in the United States. Travelers' ...
Carriers Writing U.S. Cyber Insurance Soared to 170 in 2017: Aon
The number of U.S. insurers providing cyber insurance keeps growing rapidly along with the ever-increasing amount of cyber attacks. As of 2017, 170 U.S. insurers reported writing cyber insurance, up ...
ACORD Debuts Cyber Data Breach Cover Standard; Aon and Beazley Helped
ACORD, the global standards-setting body for insurers, has released what it bills as the industry's first standard for cyber data breach cover. Dubbed the ACORD Cyber Data Breach Standard, it was ...