Underwriting
U.S. Insured Property Values Reach New Heights and Cluster in Coastal Regions
U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help ...
Employee Snafus a Big Factor in Cyber Attacks, Verizon and Symantec Find
When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims ...
Travelers Grabs Bulk of P/C Biz From Brazilian Joint Venture
The Travelers Companies Inc. will snatch up the bulk of the property casualty business from its joint venture in Brazil, underscoring insurers' increasing focus on emerging markets. Financial details ...
XL Unveils Sharia Compliant Equine Cover Through Lloyd’s of London
XL Group has rolled out what it bills as the first Shariah compliant product available through Lloyd's of London – cover for horses. Offered with Cobalt Underwriting (a specialist Shariah compliant ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...
How the P/C Insurance Industry Can Increase Ethical Behavior
Although 90 percent of property/casualty insurance industry representatives say their industry is largely an ethical one, they believe that the public doesn't see the same picture. And ethics in the ...
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
Significant Winter Insured Losses Don’t Match Last Year’s: Munich Re
Now that the U.S. is finally emerging from the winter of 2014/2015, the economic and insurance costs are becoming clear. The numbers are substantial, but they're not as bad as the previous winter. ...