Specialty
Five Steps to Relevance
Insurers looking for strong insurance growth need to look beyond developed economies and they need to enter coverage areas for emerging risks like brand damage insurance, mortgage credit risks, and ...
Corporate ‘Giga’ Losses: An Avenue for P/C Premium Growth and Relevance
Opportunities for premium growth and for greater relevance are waiting to be tapped by insurers willing and able to cover corporate "giga losses" and take shares of U.S. mortgage credit risks, ...
Hanover CEO Eppinger is Leaving After 12 Years; Replacement Search Has Begun
The Hanover Insurance Group's longtime CEO is stepping down, and a search for his replacement at the Massachusetts property/casualty insurer has already begun. Frederick Eppinger plans to remain in ...
Underinsurance of Property Risks is Growing Globally: Swiss Re Report
The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that ...
Workers Comp Touches First Pricing Dip in 5 Years: Towers Watson
Workers compensation pricing appears to have dipped slightly in the 2015 second-quarter. That's the first time this has happened since 2010, Towers Watson said in a new report that tracked a tiny ...
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Towers Watson Embraces the Cloud with $15M Canadian Tech Company Acquisition
Towers Watson will buy up a Canadian tech company for more than $15 million. The deal is designed to boost its insurance technology/cloud computing offerings for property/casualty carriers as well as ...
Thoughts on Cleaning Up the Claims Department
It would be an understatement to say that the insurance industry has a few problems involving consumer loyalty, and claims issues certainly don't help. A recent Accenture Report found that 14 percent ...