Markets
Actuaries, Underwriters Still at Odds as Predictive Analytics Usage Grows
While recent survey results show less conflict between actuaries and underwriters over insurance pricing this year than last, and underwriters warming up to the use of predictive analytics, issues ...
CEO Debate: Is a ‘Bottoming’ Reinsurance Market a Rational One?
"Bottoming" was a popular description of the reinsurance market at midyear industry conferences, but there is less consensus around questions of whether this "near bottom" signals rational behavior ...
Brexit May Hinder U.K.’s Ability to Tackle Climate Change
The U.K.'s decision to leave the European Union could make it more difficult for the country to cope with rising seas, floods and the spread of tropical diseases compounded by climate change, ...
Connected Cars Fuel Battle Over Big Data Goldmine
As you may have suspected, your car is spying on you. Fire up a new model and it updates more than 100,000 data points, including rather personal details like the front-seat passenger's weight. The ...
InsTech Startup Slice Partnering with Munich Re
Slice Labs Inc., the insurtech startup that disclosed $3.9 million of seed funding from XL Innovate and Horizon Ventures in March, announced Monday that Munich Re has signed on as a coverage partner. ...
SEC to Target Tesla for Disclosure Failure: WSJ Report
The U.S. Securities and Exchange Commission is investigating Tesla Motors Inc. for a possible securities law breach after the electric car maker failed to disclose a fatal crash in May, the Wall ...
Texas Hailstorms Brought Nearly $700M to Texas Homeowners: CoreLogic
According to new data released by CoreLogic on Monday, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail ...
UPC Sponsors $100M Discount Cat Bond
On Thursday last week, Swiss Re Capital Markets announced that it successfully structured and placed the issuance of $100 million of insurance-linked securities by Laetere Re Ltd. on behalf of United ...