Underwriting
Cat Bond Issuance Through Q3 2016 Down 15 Percent
Cat bond issuance is down by double digits through the first 9 months of 2016 compared to the previous year, thanks to a slower-than-expected second quarter and a Q3 that was predictably light, the ...
U.S. P/C Industry Saw First H1 Net Underwriting Loss in Over 3 Years
Bad weather and auto insurance struggles took their toll on U.S. property/casualty insurers through the 2016 first half, leaving the industry with its first H1 net underwriting loss in more than ...
Allianz Joins IFC Global Infrastructure Program With $500M Investment
World Bank Group member IFC is launching a program designed to raise $5 billion for infrastructure development in emerging markets. Allianz is among the global investors. IFC, a global development ...
J&J Warns Patents Their Insulin Pumps Carry Cyber Hacking Risks
Johnson & Johnson is telling patients that it has learned of a security vulnerability in one of its insulin pumps that a hacker could exploit to overdose diabetic patients with insulin, though it ...
A ‘Hard Brexit’ Could Cost British Finance Firms $48.3B in Revenue
Britain's financial industry could lose up to 38 billion pounds ($48.34 billion) in revenue in a so-called 'hard Brexit' that would leave it with restricted access to the European Union's single ...
Online CyberPolicy Sales a Reality; CoverHound’s Site Is Live for Small Biz
Two weeks after unveiling business insurance offerings like workers compensation and general liability for small businesses on its online platform, CoverHound is launching another ...
Cyber Risk and the Threat of the Unknown
As new technology is developed and digital applications are rapidly becoming more prevalent, cybersecurity continues to be an evolving risk and a potential loss area for insurance companies. The ...
Praedicat Signs Swiss Re to New Liability Insurance Risk Modeling Platform
Praedicat, a liability catastrophe modeling company, released its new liability insurance risk modeling platform and says it has secured Swiss Re as its first licensee. The new platform, known as ...