Underwriting
Higher Catastrophe Losses Push Private U.S. P/C Insurers Into the Red
For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development. ...
Allianz, Standard Chartered Bank Seal Asia Distribution Deal
German insurer Allianz and Standard Chartered Bank on Thursday announced a 15-year agreement to distribute Allianz's general insurance products in Hong Kong, Singapore, Malaysia, Indonesia and China. ...
State Auto, Munich Re America CEOs Sound Off at P/C Insurance Joint Industry Forum
President-elect Donald Trump was just one of many things on the minds of property/casualty insurers at this year's Insurance Information Institute Property/Casualty Insurance Joint Industry Forum, ...
Unintended Problems From the Internet of Things and More 2017 Predictions: Marsh
Insurers and customers alike are increasingly embracing the Internet of Things for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could ...
A ‘Hard Brexit’ Appears Increasingly Likely
Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the ...
Supply Chain Risks Are Underinsured in Asia-Pacific Region Despite Disruptions
Six out of 10 organizations in the Asia-Pacific experienced at least one supply chain disruption in the past year, with 1 in 4 incidents costing more than $1 million, according to a survey conducted ...
UK Finance Industry Abandons Post-Brexit Demand for Full EU Market Access
Britain's finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially ...
The Latest Launches From XL Catlin and Starr Companies
XL Catlin issued a new environmental insurance product in Ireland designed to address new guidance from the Environmental Protection Agency. Starr Companies paired with a law firm to provide ...