Underwriting
RMS Rolls Out Updated North America Earthquake Models
RMS has released a new version of its North American Earthquake Models for the United States, Canada and Mexico. The updated version 17.0 model will enable RMS clients to manage their risk ...
Autonomous Cargo Ships May Be Coming. What Are the Risks?
BHP Billiton Ltd., the world's biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
Brexit Process Uncertain in Wake of May’s Failed Election Gambit
Theresa May was battling for survival as Britain's prime minister after her gamble to call an early election backfired spectacularly, casting doubt over the government's make-up as well as the ...
$3 Billion: May’s Insurance Bill for Severe U.S. Weather Outbreaks
Public and private insurers forked over nearly $3 billion to cover claims related to severe weather outbreaks in the U.S. for May. Overall aggregated economic losses: more than $4 billion, Aon ...
El Nino’s Odds Keep Dropping; Active Atlantic Hurricane Season Now More Likely
Forecasters again lowered the odds of El Nino forming by year's end, a scenario that may mean more Atlantic hurricanes at a time when federal agencies charged with predicting and responding to ...
CEO Sees Google-like Player Taking Excess D&O to Nontraditional Capital Pools
Dinos Iordanou, the chief executive officer of Arch Capital, may not be working in the insurance industry when it happens, but disruption is coming for excess directors and officers liability and ...
Markel Combines Wholesale and Global Arms Into Single Unit, With Efficiency in Mind
Markel Corp., in a bid to boost innovation and competitiveness, combined its Wholesale and Global arms into one entity to be known as Markel Assurance. Wholesale consists of excess and surplus lines ...
Speaking Your Mind on Twitter May Require Libel Insurance
Courtney Love spent almost six years in litigation accused of libeling her former attorney in a Twitter post that was visible for less than 10 minutes. She paid a reported $780,000 in settlements as ...