Underwriting
Chubb Deal with China Retailer Gives It Access to Massive Online Customer Base
Chubb Ltd. is linking up with one of China's largest and most recognized retailers in a deal that gives it access to and online customer base of as many as 230 million people. Financial details of ...
Second Major Quake Hits Near Japan City of Kumamoto
A magnitude 7.1 earthquake struck southern Japan early on Saturday, just over 24 hours after a quake killed nine people and injured at least 1,000 in the same area. The Saturday quake triggered a ...
RIMS 2016: Insurers Prepare for Wearables, Automated Vehicles
Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up ...
The Latest Launches from QBE North America and RMS
QBE North America modernized its equipment breakdown coverage to now cover microelectronic failures. Catastrophe risk management firm RMS unveiled a new app for its clients. *** QBE North America ...
Munich Re’s Hartford Steam Boiler Becomes Latest Insurer to Test Commercial Drones
Specialty property insurer Hartford Steam Boiler won an exemption from the Federal Aviation Administration to start using drones for property inspections, underwriting and loss prevention work. The ...
Markel International Streamlines Structure of Wholesale Business Arm
London-based specialist insurer Markel International said it has streamlined the structure of its wholesale business. The Markel Corp. subsidiary said that the division now has three operating ...
Solid Publicly Traded Reinsurer Results Under Threat: A.M. Best
Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the ...
Are Carriers Facing a Paper Bias for Notices of Cancellation and Nonrenewal?
The insurance industry has been notoriously slow to fully embrace electronic forms of commerce and there may be good reasons for the hesitation. Until recently, antiquated, prescriptive requirements ...