Underwriting
Industry Execs See Reinsurance Market Woes Continuing
The worst reinsurance market in memory looks set to carry into 2015, industry executives said. An absence of costly disasters and increasing competition from new entrants dragged on prices this year, ...
Hackers Present Challenges For Driverless Car Initiatives
A red VW Golf jerks back and forth as it maneuvers into a parking space in the English spa town of Cheltenham. The halting efforts resemble those of a new driver, and in a sense they are -- just not ...
Towers Watson: More U.S. Drivers Embrace Driving Monitoring Tech
It sounds intrusive, in theory – the use of a telematics device to monitor a policyholder's driving habits in exchange for possible savings in insurance premiums. But a new Towers Watson survey ...
What Analysts Expect in 2015: Lower Rates, More M&A, Underwriting Losses
Analysts seem to agree on a few things, at least, about what the property/casualty insurance industry can expect through the end of 2014 and into 2015. Reinsurance consolidation is coming, they say. ...
Ex-NSA Leader: JPMorgan Cyber Attack May Have Had Greater Purpose
Hackers who stole gigabytes of data from JPMorgan Chase & Co. may have been trying to send a message that U.S. financial institutions can be disrupted, the former director of the National ...
Assessing Reinsurers: It’s About Talent, Not Capital
The movement of third-party capital into the reinsurance space was a constant theme of a recent seminar during which A.M. Best SVP Matt Mosher predicted that reinsurers will ultimately evolve into ...
RMS: Napa Valley Quake Insured Losses Won’t Surpass $250M
With some time to assess the situation, insured losses from the Napa Valley earthquake may end up a little more reasonable than initially thought. Catastrophe modeling firm RMS predicted that insured ...
Regional, Specialty Insurer Analysis: Broader Focus Enhances Profitability
Insurers focusing their business on a single state or coverage line experienced decent levels of premium growth in recent years, but they also recorded higher combined ratios than diversified ...