Strategy
Earthquake Insurer Startup Expands Into Multiple States
Palomar Specialty Insurance Company has expanded into 10 more states, six months after launching as a provider of commercial and residential earthquake insurance. The California-based company ...
Survey: Insurers Gain More From Digital vs. TV Ads
Insurance companies that spend their advertising dollars on digital ads can increase their brand awareness far more than they can with television. A study by the digital advertising services firm ...
Allied World Paying $215M for RSA’s Hong Kong and Singapore Business
Allied World Assurance Company, Ltd. will fork over at least $215 million for RSA Insurance Group's Hong Kong and Singapore business, fueling further expansion for the mega-insurer in Asia. The cash ...
Global Bank Giants Face U.S. Warnings Over Risk Assessment Practices
U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, ...
Homeowners’ Insurance Costs Much More For Clients With Poor Credit
Homeowners with poor credit pay 91 percent more for homeowners' insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by ...
Doing Well and Doing Good: Zurich Insurance Group Commits to Invest up to $2B in Green Bonds
You have a choice between two investment-grade bonds, both yielding a return commensurate with risk. One bond provides funding to projects that help avoid over 450,000 tons of CO2 emissions ...
Subterranean Reservoir Meets Tokyo Typhoon Threat
Below the condos and boutiques of Tokyo's upscale Minato ward -- which includes Roppongi Hills, home to Goldman Sachs Group's Japan headquarters -- a boring machine has carved out the city's newest ...
I.I.I.: Earthquake Risks Rising as Homeowners Coverage Declines
While earthquake risks are rising in the U.S., fewer homeowners nationally say they have earthquake insurance, creating a potentially huge gap in coverage, according to the Insurance Information ...