Underwriting
Commercial Auto Saw ‘Meaningful’ Price Hikes in Q1: Willis Towers Watson
Poor claim results continue to drive "meaningful" price increases for commercial auto, but commercial insurance as a whole barely budged during the 2016 first quarter versus last year. Willis Towers ...
The Latest Launches From Chubb, Beazley and Allianz
Chubb debuted new coverage targeting the U.K./Ireland middle market. Beazley unveiled an endorsement meant to help address weather-related low revenue at an event. Allianz has a new service for ...
Early June’s Bad Weather Poor Predictor For Atlantic Hurricane Season
A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time to stock up on duct tape, plywood and sandbags. Unfortunately, using the first few weeks to ...
Zurich Mulls Expanding Coverage to Help Protect Banks From Catastrophic Losses
Zurich Insurance Group AG, Switzerland's largest insurer, may increase its offering of insurance that helps protect banks from catastrophic losses like rogue trading by sharing risk with investors. ...
Lloyd’s Syndicates Soared With Low 2015 Catastrophe Losses: S&P
Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd's syndicates deliver another strong set of results in 2015, reporting an average combined ratio of ...
Zurich CEO Mario Greco Simplifies Corporate Structure
Zurich Insurance AG's new chief executive officer, Mario Greco, is shaking up the largest Swiss insurer after an unexpected jump in claims last year forced it to abandon a takeover and prompted his ...
Beef and Other Emerging Risks
Beef may seem relatively benign to you, but Swiss Re's latest SONAR report considers it an emerging risks for insurers to watch. The reinsurer's annual emerging risk list also includes human cyborgs, ...
May Global Disasters Could Cost Insurers at Least $7B in Claims: Aon Benfield
Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield's ...