Data & Research
Chubb Forms North America Small Commercial Insurance Arm
Chubb has launched its North America Small Commercial Insurance division, a targeted effort to reach a market segment where industry observers see big growth potential. Today's Chubb is the product ...
Insurers/Reinsurers Fail to Adequately Cover Global Terrorist Threats: JLT
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
ACP Re’s Late Financials Lead to A.M. Best Review with Negative Implications
ACP Re Ltd., a Bermuda reinsurance company with multiple property/casualty subsidiaries, is finding its A.M. Best ratings under review with negative implications. A.M. Best said the "under review ...
Low Catastrophes, High Reserve Releases Mask Reinsurance Industry Weakness
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor's Ratings Services and Fitch ...
Plunging Oil Prices Proportionate to Higher Commercial Losses: Marsh
Plunging crude oil prices in recent months may be great news for consumers, but the trend could lead to increased losses for commercial insurers as their clients scramble to cut costs, Marsh asserted ...
Risk Appetite Statements Increasingly Shape Reinsurance Buying Decisions: Willis Re
The rising adoption of formal risk appetite statements is having a dramatic effect on reinsurance buying decisions, with purchasing power increasingly moving to the center, according to the findings ...
Fitch Recommends Slower P/C Insurance Embrace of Cyber Risks
Cyber risk may be the fastest growing segment in property/casualty insurance, but carriers should be measured about boosting their presence in the space, Fitch Ratings warned in a new report. Why go ...
Cuba Presents Huge Insurance Market Opportunities (in Theory)
Cuba presents significant opportunities for insurers and others businesses in the months ahead as the U.S. restores diplomatic ties. The market is not a slam-dunk, however, as it presents significant ...