Claims & Reserving
ACE Group Beefs Up European Cyber Risk Insurance Practice
ACE Group recently took a number of steps to beef up its cyber risk insurance practice overseas, underscoring the increasing demand for coverage in this area. The company, one of the largest ...
Investors Reward Zurich For Payout and Profit News
Zurich Insurance Group AG, Switzerland's biggest insurer, surged after saying it will distribute more than $3.5 billion in cash this year and operating profit climbed. The shares advanced as much as ...
Two Massive Storms Threaten Hawaii’s Peak Tourist Season
A pair of storms bearing down on Hawaii threatens to bring rain, flash floods and mudslides to the island state during one of its peak months for tourism. Hurricane Iselle, with top winds of 90 miles ...
Swiss Re CEO: Opportunities Fueled a Great Quarter
Swiss Re Group excelled in the 2014 second quarter with improved results in nearly every area but particularly property/casualty reinsurance. Group CEO Michel M. Liès noted the milestone stands in ...
Typhoon Rammasun Costliest Weather Event So Far in 2014
Super Typhoon Rammasun has become the costliest weather event so far in 2014, inflicting $6.5 billion in catastrophe losses in the Philippines and China. That's according to the latest Global ...
Liberty Mutual’s Q2 Net Income Hits Double-Digit Drop
Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $393 million for the quarter ended June 30, 2014, down $55 million or 12.3 percent from the same period in 2013. Net ...
Consider Your Options and Fight Back Against Claims Fraud
Fraud is an unfortunate reality in business today, particularly for banking, finance, healthcare and insurance companies. Not just commonplace, it is profitable enough to attract organized crime ...
Assurant Names New Chief Investment Officer
Assurant Inc., an insurer of consumer electronics and foreclosed homes, promoted Eric Greenman to oversee a $16 billion investment portfolio. Greenman was named chief investment officer, effective ...