Underwriting
Actuaries vs. Underwriters: Can Analytics Bring Them Together?
It's bad enough that property/casualty insurance companies are trying to fend off competitors in their own industry—and potential disrupters from outside—both vying to steal good risks away at ...
Allstate’s October Pre-Tax Cat Losses Hit $172M
Allstate Corp. reported $172 million in estimated pre-tax catastrophe losses for October, stemming in part from higher than anticipated reported claims during the winter in early 2015. Broken down, ...
PartnerRe Shareholders Agree to EXOR’s Planned $6.9B Acquisition
PartnerRe's shareholders OK'd EXOR's planned $6.9 billion acquisition of the Bermuda-based reinsurer, clearing the way for the deal to close in the 2016 first quarter. The affirmative vote, held on ...
Willis Boosts Towers Watson Merger Offer to $8.9B
Willis Group Holdings Plc, the third-largest insurance broker, agreed to better terms for Towers Watson & Co. shareholders in a proposed merger after the consulting firm's investors said that a ...
The Growing Controversy Over Price Optimization in Insurance
The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle. Or it could not be. Consumer groups and a growing contingent of states are ...
Telematics Does Indeed Shape Many Drivers’ Behavior: IRC Survey
With auto insurers such as Progressive and Allstate increasingly using telematics as an underwriting tool, the question remains as to whether the technology will truly influences drivers to be safer ...
European Insurers Hit with Highest Tianjin Explosion Losses
Insurer Talanx AG's $122 million loss from port explosions at Tianjin, one of China's worst industrial disasters, takes the net hit incurred by insurers across Europe, the U.S., Bermuda and Asia to ...
Watch This Video: PCI’s Wienecke Outlines Bipartisan Industry Agenda
A replacement collision parts bill. State-based regulation. Flood insurance. These are some of the high priority legislative issues for the Property Casualty Insurers Association of America this ...