Underwriting
Meet the Insurance Industry’s Talent Gap Solution: The Longevity Economy
In her 1993 book, "The Fountain of Age," Betty Friedan used substantial science to subvert the "age-as-problem" notion, asserting, "Aging is not lost youth but a new stage of opportunity and ...
AmTrust Lost $174.7M in Q3, Hammered by Catastrophe Costs
AmTrust Financial Services reported significant net losses in the 2017 third quarter, a dip in gross written premium and a skyrocketing combined ratio. Net losses hit $174.7 million, or $0.89 per ...
The Latest Launches From Allianz, Liberty Mutual and Willis Towers Watson
Allianz Global Corporate & Specialty has found a partner to help address cybersecurity and risk management for small to medium-sized businesses. Liberty Mutual Insurance Co. will back NIF Group's ...
Solving Financial System Cybersecurity Challenges Won’t Happen With Regulation: Fed Official
More rules may not be the best answer to protecting the financial system against cyber attacks, a Federal Reserve official said. "I don't think the solution to the cybersecurity problem rests in ...
U.S. Flood Insurance Reform Gets SmartSafer Lobbying Push
The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed their push on Wednesday for lawmakers to ...
AmTrust’s Financial Plans Earn A.M. Best Ratings Review With Negative Implications
AmTrust Financial Group's recent efforts to raise capital and stabilize its finances apparently aren't enough for A.M. Best, which placed the company's credit and financial strength ratings under ...
Zurich, in Cost-Cutting Move, Will Transfer German Legacy Malpractice Book to Catalina
Zurich Insurance Group said it will transfer its German legacy medical malpractice book to Bermuda-based Catalina for an undisclosed price. The portfolio represented $450 million of reserves as of ...
Britain’s Legal & General Is Expanding Into Japan
British's third-largest insurer, Legal & General, is launching an operation in Japan to offer company pension scheme insurance and investment management, Chief Executive Nigel Wilson said on ...