Commercial Lines
Ranking: Who Are the Insurance Industry’s AI Talent, Maturity Leaders?
One out of every 50 employees working at a group of 30 large insurers is an AI specialist, according to an analysis published by a benchmarking firm, which ranks Allianz, AXA and Chubb as AI talent ...
How to Improve Small Commercial Property Underwriting
Severe weather volatility and rising loss severity are placing sustained pressure on the small commercial property insurance landscape. Weather-related events now account for more than 65% of U.S. ...
Zurich Sees Data Center Boom Spurring Insurance Securitization
The level of investment into data centers globally may soon make it necessary for insurers involved to begin selling securitization products to spread the risk among a broader pool of investors, ...
Mythos Proportions
In late March, rumors of a new Anthropic Claude AI model called Mythos triggered a sudden sell-off in cybersecurity stocks. Panic mounted weeks later when the company confirmed that the software was ...
D&O Market Expected to Tighten Under Pressure, Says AM Best
Analysts at insurance rating firm AM Best said there are "warning signs" for the directors & offers liability market, leading to shrinking underwriting margins and a tighter environment for ...
The Readiness Is All: New AIG CEO Andersen Talks Industry Relevance
Eric Andersen doesn't have any more insight into what the next five years will look like than his peers, but the message he delivered to them about the industry's role in a changing world is clear: ...
Amazon’s Ring Sued Over Facial Recognition Feature
Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring doorbell cameras at friends and family members' homes collected and stored images ...
Bending the Casualty Curve: Why Casualty Analytics Is Approaching Its Inflection Point
"The immense diversity of the causes of casualty catastrophes as well as a lack of historical antecedents makes modeling casualty cats more difficult than modeling property cats, but not ...