Commercial Lines
Beazley Broadens Crime & Fidelity Bond Team
Beazley, a leading insurer of data privacy, network security and fidelity risks, has expanded its crime & fidelity bond underwriting team with the addition of Michael Kontonotas, who will work ...
Marsh: Federal Terrorism Reinsurance Renewal Reestablished Normalcy
In the wake of the brief lapse and then renewal of the U.S. federal terrorism reinsurance program in early 2015, Marsh has looked at the related risk insurance climate in a new report. The verdict: ...
Oklahoma Urgently Mulls Tougher Fracking Regs After Earthquake Spikes
A spike in earthquakes across Oklahoma is forcing the state's energy regulator to urgently consider tougher restrictions on drilling activity, a spokesman said on Wednesday, calling it a "game ...
Toyota Supplier: Autonomous Car Tech 15 Years From Full Launch
The technology to make cars fully autonomous probably won't be established until at least 2030, according to the top supplier for the world's biggest automaker. The auto industry will take ...
Swiss Re: Non-Life Insurance Premium Growth Still Misses Pre-Crisis Levels
Non-life insurance premium growth continued to improve in 2014, fueled by a stronger performance in advanced markets. But it still averages less than before the 2008 financial crisis, Swiss Re said ...
U.S. Vents in Meetings With China About Cyber Theft Concerns
The United States said on Tuesday that cyber theft sponsored by the Chinese government was a major problem and stressed the need to keep Asian sea lanes open as the world's two biggest economies held ...
A Relatively Quiet Atlantic Hurricane Season Could Still Produce a Big One
While individual storms could make landfall and wreak havoc, The 2015 Atlantic hurricane season is likely to be a relatively quiet one overall, Guy Carpenter said. The risk and reinsurance specialist ...
What the Future Holds for Catastrophe Modeling: Aon’s Impact Forecasting
Technologies are rather like bicycles. Just as riders must continue to move forward or risk falling down, so too designers of catastrophe models are moving full speed ahead to stay on course, experts ...