Research
2016 Prediction: P/C Pricing Pressures Will Force Broad Rate Declines
After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted. Pricing will either ...
A.M. Best’s 2016 Forecast for Global Reinsurers: Negative
As A.M. Best sees it, the global reinsurance sector will continue to have a negative outlook heading into 2016. The reason, according to its latest briefing: major market challenges "that will hinder ...
2015’s Most Costly Insured Catastrophe Events: Swiss Re
The explosions at China's Tianjin port in August may have been the most costly insured catastrophe loss event in 2015, according to Swiss Re's estimates. But five other events also carried enormous ...
Tasks Done by Agents, Underwriters, CEOs Can Be Automated: McKinsey
Machines can take over a chunk of the activities of nearly every one of 750 occupations studied by researchers from McKinsey Global Institute recently—including chief executive officers and several ...
What It’s Like to Work for Warren Buffett
Only about a dozen chief executives in the insurance industry can answer the question suggested by our headline. For the rest of us who can only imagine it, a recent analysis by two researchers ...
Lloyd’s of London Readies Proprietary Insurance Based Index
Lloyd's of London will launch its own insurance based index in summer 2016. The famed specialist and reinsurance market touts the product as the first of its kind for diversified risk. It is designed ...
PwC Board Survey: Majority of Large Insurers Have Risk Committees, CROs
Property/casualty insurance company senior executives aren't the only carrier leaders overwhelmed by multiple demands on their time. Members of P/C insurer boards of directors are similarly ...
Europe’s Domestic Regulators Add Tougher Rules On Top of Solvency II
Domestic regulators are increasingly "gold-plating" new European insurance capital rules by adding their own more stringent requirements, according to a survey of insurance trade associations. ...