Underwriting
Super-Rich Clients Need Single Policy for Multiple, Global Properties: AIG
The super-rich, dubbed "ultra-high-net-worth" by property/casualty insurers, arguably have unique coverage needs. One of the more unusual turns out to be this: multinational coverage to address home ...
Is Uber an App or Transport Company? EU Judges to Decide
Fifteen judges at the European Union's top court are trying to decide, once and for all, whether Uber Technologies Inc. is an app or a transport company. The question has long vexed regulators and ...U.S. P/C Insurers’ 2017 Prospects Earn Negative Sector Outlook From Fitch
The U.S. property/casualty insurance sector faces enough obstacles heading into 2017—everything from heavy competitive pricing to weaker profitability—that Fitch Ratings changed its fundamental ...
Actuaries Climate Index, RMS Peru Earthquake Model Ready for Market
RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS's case, the catastrophe modeling firm ...
Cyber Risk Management Essential Even Though Security Can’t Be Foolproof
No company is fully secure from cyber breaches, no matter how sophisticated its cyber defense mechanisms, which is why every company should develop a cyber risk management strategy, according Marsh ...
CFA’s Hunter Reacts in Actuarial Battle: Allstate’s Plan Is Price Optimization
Carrier Management recently published an article in three parts by James Lynch, chief actuary and vice president of Research and Information Services at the Insurance Information Institute, based ...
Cultivate a Culture of Security Awareness, and Other Corporate Cybersecurity Tips
In a world where insurers and their client companies alike must combat fast-shifting cybersecurity threats, experts cite practices that can at least minimize risk. Arthur J. Gallagher & Co. does ...
IoT May Be Factor in Soaring Cyber Attacks on Chinese Firms
Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data ...