Commercial Lines
COVID-19: On Disrupted Loss Reserve Diagonals and Lengthening Tails
It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...
Marsh’s U.S. Cyber Market Saw Modest Growth in 2019
Cyber insurance take-up continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh's 2019 Cyber Insurance Purchasing Trends ...
Executives On The Move at Swiss Re, AmWINS and Guy Carpenter
Swiss Re is promoting one if its rising leaders to become its market executive for Western and Southern Europe starting later this year. A Beazley Group veteran is joining AmWINS Group to become ...
Most P/C Insurers Will Weather Ongoing COVID-19 Storm: Standard & Poor’s
Most P/C insurers will be able to weather any financial market volatility and higher claims relating to COVID-19, S&P Global Ratings predicts in a new report, though it warns some carriers with ...
The Latest Launches From Zurich Insurance and Guy Carpenter/RiskGenius
Zurich Insurance said it is expanding the rollout of a new product after early successes in select global markets. Carpenter & Co. will team with RiskGenius to expand the detection and ...
The World’s Weather Forecasts Are Weakened as Pandemic Idles Airplane Flights
The pandemic that has idled scores of commercial flights is having a little-noticed consequence for meteorologists, whose forecasts rely in part on data collected from planes. That means a crucial ...
Lloyd’s, AIG, AXA Sued by Native American Casino Owner Over Coronavirus Losses
A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are ...
InsurTechs Focused on Claims Handling, Business Insurance Raise New Venture Funding
A Berlin-based InsurTech that provides artificial intelligence for cognitive claims handling pulled in an additional $13 million for a Series A financing. A Cincinnati startup raised an ...