Markets
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...
Top Corporate Risks: Allianz Risk Barometer 2015
Business interruption and supply chain risk, natural catastrophes, and fire/explosion top the list of company risks in 2015, according to the fourth annual Allianz Risk Barometer, which surveyed more ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Obama Announces Revised Cybersecurity Bill
President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama ...
PartnerRe Asia Launching
PartnerRe Ltd. announced last week that Partner Reinsurance Asia Pte. Ltd. ("PartnerRe Asia") a wholly owned subsidiary of PartnerRe Ltd. has been licensed by the Monetary Authority of Singapore ...
Survey: Millennials Most Interested in Pay-As-You-Drive Insurance
Pay-as-you-drive insurance programs are highly touted as one of the next big things in the industry. But the market has so-far resisted quick adoption of the coverage, which would involve having a ...
It’s Official: President Signs TRIA Reauthorization Into Law
President Barack Obama has signed into law H.R. 26, The Terrorism Risk Insurance Program Reauthorization Act of 2015, Property Casualty Insurers Association of America reported yesterday, calling the ...
Potential Reserve Hiccups Keep A.M. Best Commercial Outlook Negative
Even though A.M. Best expects commercial lines operating results to be profitable in 2015, and capital levels to be strong for most insurers, its outlook for the segment remains negative. One key ...