Industry News
Sharing Economy, New Technology Pose Challenges for Insurers
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat ...
Actuaries Climate Index, RMS Peru Earthquake Model Ready for Market
RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS's case, the catastrophe modeling firm ...
London Insurers Outline Their Post-Brexit Market Needs Ahead of Negotiations
Companies operating in the London insurance market are zeroing in on four priorities for the upcoming Brexit negotiations. The objectives outline arrangements that will help the City of London ...
Cyber Risk Management Essential Even Though Security Can’t Be Foolproof
No company is fully secure from cyber breaches, no matter how sophisticated its cyber defense mechanisms, which is why every company should develop a cyber risk management strategy, according Marsh ...
CFA’s Hunter Reacts in Actuarial Battle: Allstate’s Plan Is Price Optimization
Carrier Management recently published an article in three parts by James Lynch, chief actuary and vice president of Research and Information Services at the Insurance Information Institute, based ...
The Latest Launches From USAA, QBE North America, XL Catlin and The Hanover
USAA has added new features to its digital wallet app. QBE has partnered with SUA Agency to offer professional liability coverage to mortgage specialists. XL Catlin has enhanced its D&O offering ...
Sompo Canopius Makes Management Changes as Group CEO Davies Steps Down
Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Davies joined Sompo Canopius in 2015 with a ...
IoT May Be Factor in Soaring Cyber Attacks on Chinese Firms
Cyber attacks on Chinese companies have soared in the past two years, according to a survey, with new technologies that connect household items to the internet and allow them to receive and send data ...