Underwriting
Unlike Some Automakers, Ford Is Fully Committed to Developing Totally Autonomous Cars
As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off. Company researchers ...
Global Insurance Rate Decreases Moderated Yet Again in Q4: Marsh
Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous quarter's decrease of 3.2 percent), according to Marsh's Global ...
Allianz Profit Climbs, $3.2B Share Buyback to Come
Allianz SE reported a 23 percent increase in fourth-quarter net income and announced its first-ever share buyback as Europe's biggest insurer makes good on a promise to return excess cash to ...
CNA Brings on Ex-Endurance Exec Worman as Chief Underwriting Officer
CNA has chosen a former Endurance executive to fill the newly-created position of executive vice president and chief underwriting officer. Douglas Worman will take on his new duties on March 7. He'll ...
UK Reportedly Set to Unleash Brexit Trigger Within Three Weeks
Prime Minister Theresa May intends to trigger Britain's withdrawal from the European Union as close as possible to the EU summit taking place on March 9 and March 10, according to two government ...
Solvency II Is Boosting Reinsurance Demand, 1/1 Renewals Show
The January renewals period show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers, Fitch Ratings ...
Verisk Analytics, Capgemini Make Insurance Industry-Focused Acquisitions
Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ratings. Financial terms were not disclosed, although the deal is ...
The Latest Launches From Hiscox and Markel
A division of Hiscox is adding and expanding coverage for media and creative industries. Markel plans to join the surety market, with an initial rollout in the UK, Ireland and continental Europe. *** ...