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With last year's 25 percent rate hikes for public directors and officers liability insurance dropping to 2.5 percent, and 150 percent hikes for cyber cover sinking to 25 percent, significant ...
Prices rose, but threatened coverage changes haven't materialized during a delayed 1/1 reinsurance renewal period, according to reinsurance broker Guy Carpenter. Referring to Jan. 1, 2023 as "one of ...
A convergence of global events has led to the hardest property-catastrophe reinsurance market in a generation and a "complex," "grueling" and "late" January renewal ...
Annualized inflation in the U.S. topped 5 percent just once since 1981—until now. In the UK, it exceeded 3 percent only rarely since 1992, and only ever by a fraction. In France, the change in the ...
The magic word to bridge a widening gap between successful and underperforming InsurTechs in 2023 is "data," according to a group of InsurTech experts who spoke with Carrier Management about their ...
The year 2022 was not kind to the publicly traded InsurTechs. But beyond that smokescreen, new and growing InsurTechs continue to drive innovation. Here are seven trends ...
In a report published in early December, Fitch Ratings said a modestly improving earnings picture in coming months points to a "neutral" sector outlook for U.S. property/casualty insurers—and over ...
It is that time of year when many of us set goals or make resolutions for the coming year.
For some of us, those resolutions are mere ...
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015. When Nassim Nicholas Taleb addressed a group of insurance executives recently, the author of the book "The Black Swan" was pretty ...
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2016. Some lessons were tougher than others to relate to and absorb, and some were simpler and more straightforward. But I made it my ...
According to the World Economic Forum's 2016 Future of Jobs Report, emotional intelligence will be one of the top 10 job skills in 2020. The sought-after skill is actually a collection of personal ...
(This article is based on a presentation made by Libby at the IICF Women in Insurance Global Conference in New York on June 13, 2013.) CEOs are often grilled in boardrooms on innumerable challenges: ...
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2014. Five CEOs in seven years, a revolving door of senior leadership that is making rating agencies and the entire insurance industry ...
The drive to attract, retain and develop the best talent means diversity and inclusion is a key driver and often portrayed as the centerpiece of company culture for many in the insurance profession. ...
In January, it's customary to pull together review and preview articles—looking back at the past year and looking ahead at what experts predict will shape the insurance industry in the coming 12 ...
I was initially hesitant when asked to share my thoughts on leadership.
A quick Google search will yield thousands of entries—books, ...
As older generations of employees are retiring from the workforce and younger generations are resigning in search of lifestyle or career changes, insurance carriers are facing a big challenge of ...
