Data & Research
RLI’s Combined Ratio Stayed Healthy in Q4; Net Earnings Declined
RLI Corp. ended 2015 with a fourth quarter that was flat in terms of net premiums earned and investment income. Net earnings, on the other hand, dove nearly 10 percent. The Illinois-based specialty ...
Zurich’s Ratings Stay the Same Despite Projected Q4 Losses: A.M. Best
Zurich Insurance Co. Ltd.'s financial strength rating of A+ (Superior) and issuer credit rating of "aa-" remain unchanged, following preliminary news of more losses to come in the insurer's general ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Mid-Sized P/C Carriers Increasingly Embracing IT Outsourcing: Novarica
Large numbers of insurers are relying on at least some form of information technology outsourcing to enhance their daily operations, Novarica found in a new survey of industry CIOs. The reason: ...
ILS Market Reaches New Record, Again: Willis Capital Markets & Advisory
Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS ...
Allianz: Business Interruption Remains Huge Risk; Cyber Gaining Fast
Business interruption is the top concern of risk managers heading into 2016 for the fourth year in a row, but cyber is a fast-growing corporate worry, according to a new report from Allianz Global ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...
What Investor Activism Means for Insurers—Those Under Attack and Those That Aren’t
Carl Icahn's demands for American International Group to split into three different companies may seem over the top to some. More importantly for the P/C market at large, however, is that the hedge ...