Data & Research
Safe Driving Algorithm Project Begins Involving Sompo Japan, Accenture and a Japanese Cab Company
Sompo Japan Nipponkoa Insurance, Accenture and a Japanese cab company will work jointly to develop a deep learning algorithm designed to help better understand driving behavior and improve safety in ...
Looking Back: How the Top 25 P/C Insurers Changed in the 25 Years Since Andrew
Twenty-five years ago in August, Hurricane Andrew shook up the property/casualty insurance and reinsurance markets, analysts from Assured Research noted in two recent research reports recognizing the ...
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
Global Insured Natural Catastrophe/Disaster Losses Hit $23B in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled $23 billion, while economic losses during the same period came to $44 billion – an ...
U.S. Mortgage Reinsurance Remains a P/C Bright Spot: Standard & Poor’s
While business conditions in traditional property/casualty reinsurance areas continue to deteriorate, U.S. mortgage reinsurance apparently remains a bright spot, due to government mandates and other ...
Munich Re, Swiss Re, Hannover Re, SCOR Are Keeping Pricing Discipline in Tough Market: Fitch
The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and policy terms without a significant drop in their business volumes, despite ...
Global Insurance Rates Continue Their (Moderated) Fall: Marsh
Global insurance renewal rates fell for the 17th consecutive quarter in the second quarter of 2017, according to Marsh's Q2 2017 Global Insurance Market Index. Despite the continuing decline, Q2 ...
Berkshire Hathaway Builds Stake in Synchrony, but Exits Its Former Parent GE
Warren Buffett has long preached the importance of investing in businesses that are hard for competitors to copy. That may be part of why his Berkshire Hathaway Inc. built a $520 million stake in ...