Reinsurance
Disciplined Exposure Management Helps Reinsurers Absorb 2017 Catastrophes: Fitch
The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and effective risk management enabled the sector to ...
PartnerRe Rating Outlook Now Positive: A.M. Best
A.M. Best has revised the outlooks on the financial strength rating for most of the operating subsidiaries of PartnerRe Ltd to positive from stable, attributing the outlook change on the A ...
Lessons From the 2017 Atlantic Hurricane Season: Open Models, Real-Time Tracking Are Valuable Tools
Open models and tools to track hurricanes in real time can help boost modeling accuracy and aid the claims process after storms, according to a new Karen Clark & Co. analysis of the 2017 Atlantic ...
Global Warming Set To Surpass Paris Agreement Cap of 1.5°C by 2040: UN
Global warming is on course to exceed the most stringent goal set in the Paris agreement by around 2040, threatening economic growth, according to a draft report that is the U.N.'s starkest warning ...
Hands Still Tied at Lemonade, CEO Says
When two InsurTech watchers tallied up underwriting results for Lemonade recently to conclude that the company's annual "Giveback" to policyholders' selected charities might shrink in coming years, ...
The Latest Launches From Beazley, XL Catlin and Sompo International
Beazley beefed up its coverage options for businesses seeking to address their evolving cyber exposures. A new partnership allows XL Catlin's North America Construction insurance business to give ...
Convergence of Tech and Insurance Will Transform Rather Than Disrupt Industry: Munich Re’s Hochburger
The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change ...
FEMA Explores Added Expansion of Disaster Reinsurance Program
The federal government, seeking to protect itself from the growing cost of natural disasters, is borrowing a technique from the private sector and buying reinsurance. The Federal Emergency Management ...