Underwriting
Earthquake Insurance Rate Spikes Worry Oklahoma Regulators
Oklahoma regulators grappling with a massive increase in small earthquakes in the state linked to growing oil and gas production said on Tuesday they were concerned with spiking rates for earthquake ...
London Market Risks Casualty Reserve Shortfall: PwC
There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC's London insurance/reinsurance market review of reserve adequacy. PwC ...
A.M. Best: ‘Benefits to Be Gained’ From Flood Insurance Market Expansion
The U.S. Senate is gearing up to consider a bill that would revamp and expand the U.S. flood insurance market, and its passage appears likely. A.M. Best said this will be a very good development for ...
Rio Olympics Proceeds Despite Health Risk Reservations
Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games ...
Chubb Risk Watch: U.S. Chemical Firms Pursuing Global Expansion
One major commercial risk the P/C insurance industry is wary about in the months ahead involves U.S. chemical firms expanding abroad. A new Chubb advisory warns they face potential challenges ...
AGCS Grows North America Entertainment Arm, Plans Global Expansion
Allianz Global Corporate & Specialty is beefing up its entertainment division in North America with four new hires. A key executive with the division promises that the expansion will ultimately ...
China’s Ping An Insurance Joins Global Blockchain Consortium
China's second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 that is working on ways blockchain technology can be used in ...
The Real Story Behind Bermuda Insurers’ Premium Jump
At first glance, Bermudian re/insurance companies appeared to start the year with a bang, reporting a 21 percent increase in consolidated gross premiums written (GPW), according to a new report ...