Predictive Modeling Pitfalls

There are many success stories featuring predictive models, but what does not get as widely reported are the failures: mistakes that range from subtle misinterpretations and minor miscues to ...

Tacchetti Replacing LaRocco as AssureStart CEO

AssureStart, a Seattle-based technology startup that sells general liability and property insurance to small businesses on the Internet, announced that its board of directors named Greg Tacchetti ...

Cat Bond Prices May Have Reached the Bottom: Fitch

Catastrophe bond prices have been falling in 2014, but they may not sink any lower, Fitch Ratings suggested in a statement Tuesday, pointing to Munich Reinsurance Group's decision to pull its Queen ...

GC Securities Places First World Bank Cat Bond

In what appears to be a milestone for the cat bond sector, GC Securities said it has placed the first catastrophe bond issued by the World Bank. GC Securities (part of Guy Carpenter, itself a ...

Midyear Re Prices Down Up to 25 Percent

Reinsurance prices fell by as much as 25 percent in key markets midyear as pension funds poured in money and demand for cover from insurance companies remained subdued, brokers said on Tuesday. ...