Markets
Markel, EMC Join Global Insurance Accelerator Program
Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business focused on developing innovative insurance-centric startups. Eight insurers are already participating ...
The Latest Launches from Slice Labs and Zurich Insurance
Slice Labs is now offering on-demand for insurance to folks who rent their homes through various online platforms. Zurich Insurance launched multiline coverage for mid-sized energy companies. *** ...
Burritos-by-Drone Testing Underway in the Virginia Mountains
Rising from the treetops, the whirring drone comes into view with its cargo tucked under the wing. It hovers about 25 feet above a bullseye on the grass. A white trapezoidal box descends, does a ...
Hurricane Matthew Could Leave Behind Nearly $15B in Florida Economic Losses
Hurricane Matthew has thousands fleeing the U.S. Southeast where it's expected to batter the coastline and threaten electricity supplies to more than 1 million people in Florida. Potential losses are ...
Having a Data Breach Preparedness Plan Is Not Enough
Most organizations currently have a data breach preparedness plan in place, but a new study indicates that executives are not updating or practicing the plan regularly and lack confidence in its ...
Cat Bond Issuance Through Q3 2016 Down 15 Percent
Cat bond issuance is down by double digits through the first 9 months of 2016 compared to the previous year, thanks to a slower-than-expected second quarter and a Q3 that was predictably light, the ...
U.S. P/C Industry Saw First H1 Net Underwriting Loss in Over 3 Years
Bad weather and auto insurance struggles took their toll on U.S. property/casualty insurers through the 2016 first half, leaving the industry with its first H1 net underwriting loss in more than ...
Allianz Joins IFC Global Infrastructure Program With $500M Investment
World Bank Group member IFC is launching a program designed to raise $5 billion for infrastructure development in emerging markets. Allianz is among the global investors. IFC, a global development ...