Underwriting
AXIS Strategy Helps Produce Improved Q2 Combined Ratio
AXIS Capital Holdings Ltd. has plenty to crow about in its 2017 second quarter results. While its net income and net premiums written dipped, the Bermuda-based insurer and reinsurer saw substantial ...
Is AIG Investor and Trump Advisor Icahn Trying to Get ‘Too Big to Fail’ Label Removed?
Two prominent U.S. Democratic senators are raising questions about President Donald Trump's special adviser, Carl Icahn, asking in a letter on Thursday if the activist investor is attempting to ...
ILS Issuance Landed at $6.3B in Q2, a Record
Insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson ...
Wells Fargo Will Refund $80M to Customers Wrongly Charged for Car Loan Insurance
Wells Fargo said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance (CPI) policies. Wells Fargo ...
The Latest Launches From Generali and XL Catlin
Generali's travel insurance arm is coming out with three new coverage plans, plus its first direct-to-consumer travel insurance website. XL Catlin has come out with a new policy form to address the ...
Allianz Teams With InsurTech Startup to Debut On-Demand Drone Insurance in UK
Allianz Global Corporate & Specialty (AGCS) has partnered with InsurTech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational ...
EU Says Formal Brexit Talks Face Possible Delays; UK Disagrees
Talks between Britain and the European Union on their future relationship are now less likely to start in October, the EU's top negotiator has said, due to a lack of progress on Brexit divorce issues ...
Super Regional Carriers Gain by Educating ‘Suspicious’ Regulators About Tech Advances
"We're curious and we don't know. When regulators don't know what's going on, they get suspicious." That was Wisconsin Insurance Commissioner Ted Nickel acknowledging that like the industry they ...