Underwriting
Reinsurers Successfully Protect Themselves With Strong Enterprise Risk Management: S&P
The reinsurance sector's focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both the asset and liability sides of their balance sheets, ...
Artificial Intelligence in Commercial Insurance
"Artificial intelligence" (AI) is splashed across the daily headlines. For example, an AI application recently beat the human Go champion, autonomous cars are edging closer to mainstream use, social ...
The Latest Launches from Endurance, Zurich Insurance and National Interstate
Endurance Specialty Holdings has started selling a number of new environmental liability products. Zurich Insurance expanded its cyber insurance products to captives of companies. National Interstate ...
UK Officials Reportedly Will Pull Brexit Start Trigger by April 2017
Prime Minister Theresa May's team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.'s withdrawal from the European Union, according ...
Natural Catastrophes Created $31B in Global Insured Losses Through H1: Swiss Re’s Sigma
Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44 percent of total economic losses of US$71 billion, according to a ...
Software Safety Ratings Could Help Cyber Insurers on Pricing
A famed hacker who nearly 20 years ago told Congress he could take down the internet in 30 minutes is now going after the computer software industry, whose standard practices all but guarantee that ...
Carl Icahn is Pleased. Can AIG CEO Peter Hancock Exhale Now?
Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he's warming to the approach of the insurer's chief executive officer. " ...
Reinsurers Risk Profits if Normal Catastrophe Levels Return: S&P
Most global reinsurers have been able to maintain underwriting discipline despite the ongoing soft market, but there is a danger that their profits could be hit if the current benign period of ...