Reinsurance
Global Insurance M&A Activity Rose in H1 2018, Fueled By Mega Deals
Global insurance mergers and acquisitions rose to 37 billion euros in the first six months of 2018, with a host of mega deals resulting in the highest first-half total since the financial crisis, a ...
PCI Panel: Carriers Should Encourage Flood Insurance Even Outside of a Hazard Zone
It might be time for carriers and agents to encourage their clients to buy coverage even if they're not living and working inside a flood zone. Such an action is long overdue, according to insurance ...
Buying Instead of Selling, RenRe to Acquire Tokio Millennium Re for $1.5B
Less than two months after one of RenaissanceRe's shareholders urged the Bermuda-based reinsurer to consider putting itself up for sale, the company announced it will buy another reinsurer ...
Which Will Come First: Driverless Trucks or Commercial Auto Profits?
Commercial auto insurance hasn't produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line's poor performance is a ...
A Different World for Underwriters: Profits Shift to Lines That Were Loss Leaders
For property/casualty underwriters, today's operating environment may seems like an insurance-themed episode of The Twilight Zone, with lines they counted on for profits turning into problems and ...
RMS Lists Top 10 ‘1-in-100-Year’ Events for Asia Pac Region
The Asia Pacific region remains highly vulnerable to major catastrophes, RMS said yesterday, announcing a list of 10 "1-in-100-year" events possible in the vast area that includes the Pacific Ring of ...
More Tornadoes Spinning Eastward to Populated Areas, Worrying Scientists
Over the past few decades tornadoes have been shifting—decreasing in Oklahoma, Texas and Kansas but spinning up more in states along the Mississippi River and farther east, a new study shows. ...
Catastrophes Give Insurers a Chance to Show Their Humanity, Says W.R. Berkley’s CEO
The aftermath of Hurricane Michael and other catastrophes this fall gives insurers a chance to show that they care about more than just numbers, W.R. Berkley's president and CEO said. "Hopefully this ...