Industry News
Using Graph Analysis to Root Out Complex Fraud Rings
A new form of predictive analytics offers the ability to detect fraud committed by a group or ring in real time. According to Philip Rathle, vice president of products for California-based Neo4j, ...
Researchers Find Evidence of Brain Injury in Young NFL Players
In a small study of young or recently retired NFL players, researchers at Johns Hopkins report finding evidence of brain injury and repair that is visible on imaging from the players compared to a ...
Prediction: China Insurers Could Boost Overseas Investment by $100B in 3 Years
Chinese insurers may boost outbound investment by about $100 billion over the next three years, as they seek to diversify risks through buying more overseas securities, private equity and real ...
Super-Rich Clients Need Single Policy for Multiple, Global Properties: AIG
The super-rich, dubbed "ultra-high-net-worth" by property/casualty insurers, arguably have unique coverage needs. One of the more unusual turns out to be this: multinational coverage to address home ...
NFL Players With CTE Seek Workers Comp Benefits in New Lawsuit
A group of 38 former National Football League players have sued to force the NFL to pay them workers compensation benefits for the chronic traumatic encephalopathy (CTE) they say they developed as a ...U.S. P/C Insurers’ 2017 Prospects Earn Negative Sector Outlook From Fitch
The U.S. property/casualty insurance sector faces enough obstacles heading into 2017—everything from heavy competitive pricing to weaker profitability—that Fitch Ratings changed its fundamental ...
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 ...