Underwriting
The Cost to Insure Airplanes Against Attack Will Grow Considerably
Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by attacks on airplanes this year, driving prices up and drawing rivals into the market. The hefty ...
Travelers CEO Fishman: Q3 Results ‘Just Terrific’
At the start of The Travelers Cos. 2014 third quarter investor call, Chairman and CEO Jay Fishman virtually gushed about the numbers he and his team were about to discuss. "As I am sure you read, the ...
Big Data Analytics: What Are You Waiting For?
The era of "big data" has arrived in the reinsurance sector, yet many firms insist on taking a customary "wait and see" approach—not only with big data but in-house small data automation as well. ...
MyPath Portal: Can It Lure Millennials to Insurance Careers?
With the insurance industry employee base rapidly aging and retiring, a number of companies and organizations in the field have come up with something that they hope will draw more young adults into ...
Best Industry Job Prospects in Tech, Underwriting and Claims
Those looking for jobs within the insurance industry should focus on employment opportunities within technology, underwriting and claims departments, according to the latest survey conducted by ...
Munich Re, Hannover Re Expect Stability in 2015, at Least in Germany
Germany's Munich Re and Hannover Re expect stable reinsurance prices in their home market next year, cushioning the blow from a slide in prices on world markets. Munich and Hannover, the world's ...
XL Group Boosts Cyber and Technology Underwriting Capacity
XL Group has become the latest insurer to add capacity to its cyber and technology coverage expertise, as data breaches continue to increase and the market rushes to respond in kind. XL Group's ...
Earthquake Bonds: California Plans to Sell $350M of Them
The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its ability to pay claims, after the state's first death due to a quake in ...